Question

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If 8 percentage VAT is included in the prices, find the original price of the following

(a) A television for Rs. 13,500.

(b) A shampoo bottle bought for Rs. 180

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Answer 1

Answer:

a) Rs. 12500

b) Rs. 166.66

Step-by-step explanation:

VAT added = 8%

a) Price including VAT = Rs.13,500

let the cost price of TV = Rs. 100

cost included VAT = 100 + 8 = Rs. 108

When C.P including VAT is Rs. 108 , C.P = 100

When C.P including VAT is Rs. 13,500 , C.P = 100/108*13500 = Rs.12500

b) Price including VAT = Rs.13,500

let the cost price of TV = Rs. 100

cost included VAT = 100 + 8 = Rs. 108

When C.P including VAT is Rs. 108 , C.P = 100

When C.P including VAT is Rs. 180 , C.P = 100/108*180 = Rs. 166.66

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