Question

How to find VAT percentage for1440 of a tv

Answer 1

V.A.T.%=[ VAT/S.P.(1440)×100]%

Answer 2

Answer:

The VAT tax percentage is 17.5%  or VAT payable amount is Rs 214.47

Step-by-step explanation:

Hey Mate ,

VAT Percentage is 17.5 %

The buying or selling Price is include of VAT.

So, Rs 1440 has include VAT tax.

117.5% = Rs 1440

VAT = ( 1440/ 117.5 ) * 17.5

=> 214.468  ≅ 214.47

So, The VAT tax percentage is 17.5%  or VAT payable amount is Rs 214.47