Question

Arun purchased a pair of shoes for ₹441 including value added tax . If the sale price of shoes is ₹420 then find the rate of value added tax

Answer 1

Answer:

purchase value = rs. 441

sale price = rs.420

VAT(in rs.)=441-420= 22

rate of VAT = 21/441 × 100

=4.8% ans.

HOPE THIS HELPS YOU

Answer 2

The rate of value added tax would be 50%.

Step-by-step explanation:

Since we have given that

Price of shoes = Rs. 420

Marked price including value added tax = Rs. 441

So, Difference between them is

$441-420\\\\=Rs.\ 21$

So, Rate of value added tax would be

$\dfrac{21}{420}\times 100\\\\=\dfrac{1}{2}\times 10\\\\=50\%$

Hence, the rate of value added tax would be 50%.

# learn more:

Dolly purchased a dress for 441 including value added tax (VAT). If the sale price of the dress is 420,

find the percentage of VAT

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