I purchased a blazer for 5,000 rupees excluding 12% VAT. Find the price of blazer with VAT.
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Answer:
5600
Step-by-step explanation:
let CP=100%
vat is imposed on CP
CP=100%+Vat%on CP
here 100% is excluding VAT
CP=100%+12%of 100
CP=112% is including VAT
if 100%=5000
112%=5600
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