Question

A TV set was bought for Rs.26250 including vat of 5%. What is the original price of the TV set??gfjshsndhrvdgxbdgcdbdvdv fhxvxdvxxffgjnfdhsjdy fdhgdgdgdh gshgsh

Answer 1

The original price of the TV set was Rs. 24937.5

Step-by-step explanation:

Cost price of the TV set = 26250

Percentage of VAT levied on the purchase = 5% of the CP

Thus, amount of VAT levied = 5/100 x 26250

       = 0.05 x 26250

       = 1312.5

The original price of the TV = CP – VAT

        = 26250 – 1312.5

        = 24937.5

Thus, the original cost of the TV was Rs 24937.5

Answer 2

Answer:

Cost price of TV set = Rs. 26250. VAT including = 5% Original price = Cost price of article including VAT = 26250 x 26250 = 26250- = 26250-1312.5 So, original price of the TV set = Rs. 24937.5