Question

Arun sells a synthesizer for 17,280 including the VAT. What is the selling
price he will be getting after depositing the tax to the government at the rate
of 8%?​

Answer 1

$\huge\boxed{\fcolorbox{black}{yellow}{ANSWER..}}$

Selling price of the synthesizer = Rs.17,280

Tax rate = r = 8%

Selling price without adding VAT of 8%

= ( 100 × S.P of Synthesizer )/( 100 + r )

= ( 100 × 17,280 )/( 100 + 8 )

= ( 100 × 17,280 )/108

= Rs.16,000