an article is available for rupees 14300 in of vat of 10%. find its list price. what will be its price of the rate of vat changes to 12%.
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Let the list price of the article = x
x*110/100 = 14300
x = 14300*100/110 = 13000
The list price of the article = 13000
Price of the article, if the rate of vat is 12% = 13000*112/100 = 14650
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