Question

akanksha abought a toy car at Rs 300 including a tax of 10%. find the price of the air cooler before the VAT

Answer 1

270 rupees is the answer

Answer 2

The price of the toy car before the VAT is Rs. 272.72

Step-by-step explanation:

The price by Akansha for the toy car (including the tax) = Rs. 300

Rate of tax = 10%

Let the original price of the toy car be Rs. “x”.

So,  

The tax amount will be = x * 10% = 0.1x

We know that,

The final price of the toy including the tax = original price of the toy car + tax amount

i.e., 300 = x + 0.1x ….. [substituting all the values]

⇒ 300 = 1.1x

⇒ x = 300/1.1

⇒ x = Rs. 272.72

Thus, the original price of the toy car before the VAT was Rs. 272.72 .

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