an article is available for rupees 1650 inclusive of 10% VAT. find the list price. what will be its price if the rate of VAT ranges to 12%
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Answer:
List Price = ₹1500
Selling price if VAT is 12% = ₹1680
Step-by-step explanation:
Let list price be x
then,
=>x + 10%x = 1650
=>11x = 16500
=>x = 1500
therefore, list price = ₹1500
Selling price if VAT is 12% ,
= 1500 + (12% of 1500)
= ₹ 1680
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