i purchased a hair dryer fir ₹5400 including 8% VAT Find the price before VAT was added
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Answered by
4
Given:
The price including VAT= ₹ 54000
Let the original price = ₹ 100
8% VAT means that if the price without VAT is ₹ 100, then price including VAT will be ₹ 108.
When price including VAT is ₹ 108, original price = ₹ 100
When price including VAT is ₹ 1, original price = ₹ 100/108
When price including VAT is ₹ 5400, original price = ₹ (100/108) x 5400
=100 x 550= ₹5000
The price before VAT = ₹5000
Answered by
3
Price of hair dryer including VAT=rs5400 VAT=8% Let price of hair dryer before VAT be Rs.x then, x+(8% of x) = 5400 x+8/100*x=5400 x+2/25x=5400 27x/25=5400 x=(5400*25)/27=5000 So, price of hairdryer before VAT was added is Rs 5000 Hope you like the answer.
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