give the ans of 2nd and 3rd question
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Answer:
(2) - Price of watch before VAT = Rs 1550
(3) - Rate of VAT = 8%
Explanation -
2)
Given :
Cost of watch = Rs 1705
Including VAT = 10 %
100 + 10 = 110 %
Finding the cost of watch before vat -
110 % = 1705
100 % = ?
(100 x 1705) ÷ 110
170500 ÷ 110
1550.
So, cost of the watch before vat = Rs 1550 .
_______________________________
3)
Given :
Including VAT Cost of the shirt = Rs 1296
Original cost of the Shirt = 1200
Finding the rate of vat -
1296 - 1200
= 96
So, (96 ÷ 1200) x 100
= 8 %
Hence : Rate of VAT = 8%
(2) - Price of watch before VAT = Rs 1550
(3) - Rate of VAT = 8%
Explanation -
2)
Given :
Cost of watch = Rs 1705
Including VAT = 10 %
100 + 10 = 110 %
Finding the cost of watch before vat -
110 % = 1705
100 % = ?
(100 x 1705) ÷ 110
170500 ÷ 110
1550.
So, cost of the watch before vat = Rs 1550 .
_______________________________
3)
Given :
Including VAT Cost of the shirt = Rs 1296
Original cost of the Shirt = 1200
Finding the rate of vat -
1296 - 1200
= 96
So, (96 ÷ 1200) x 100
= 8 %
Hence : Rate of VAT = 8%
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