Dev purchased a pair of shoes for Rs 441 including VAD. If the sales price of the shoes is Rs 420, find the rate of VAD.
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Answered by
44
The rate of value added tax would be 50%.
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
= 21 / 420 × 100
= 1 / 2 × 10
=50%
Hence, the rate of value added tax would be 50%.
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# 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
https://brainly.in/question/13471815
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1
Answer:
The rate of value added tax would be 50%.
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