Question

Aparna bought a gold bracelet for rupees 37450 including 7%VAT Find the selling price of the bracelet​

Answer 1

Answer:

The selling price is 37450 Rs and Basic price is 35000 Rs

Step-by-step explanation:

Given : Aparna bought a gold bracelet for Rs 37450 = selling price (SP)

            Included VAT = 7%

           Basic price  = ?

Solution : Selling price = Basic price x ( 1 + VAT/100)

                37450 = Basic price ( 1 + 7/100)

                37450 = Basic price x 1.07

                 Basic price = 37450/1.07

                                     = 35000 Rs