Question

A TV set was bought for ₹26,271 including 5% VAT. Find the original price of the TV set​

Answer 1

Answer:

Let the cost of TV be x.

• VAT =5% of x

So,

x+

100

5x

=26250

20

21x

=26250

x=26250×

21

20

x=Rs. 25,000

Answer 2

Answer:

Let the cost of TV be x.

VAT =5% of x

So,

x+ 5x/100 = 26271

21x/20 = 26271

x = 26271 × 20/21

x= 25020