Dilbagh Singh purchased a bicycle for 1,890 rupees including 8 per cent VAT. The list price of the bicycle is 1,800, find the rate of VAT.
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Answer:
list price of bicycle= 1800
selling price of bicycle =1890
VAT = 1890 - 1800 = 90
VAT%=1800\90×100=5
Answer –So therforth 5% VAT
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