Question

If 8% VAT included in the prices find the original price of tv bought for 14500

Answer 1

Answer:

Original price of tv is 13340.

Step-by-step explanation:

taken example:

If 8% VAT included in the prices find the original price of cup bought for 100,so 8% of 100 is 8 and original price is 92;

here 8% tax is calculated by:

(given price * tax)/100=(100*8)/100=8;

thus original price=given tax -VAT;

=100-8=92;

similarly;

If 8% VAT included in the prices find the original price of tv bought for 14500

here 8% tax is calculated by:

(given price * tax)/100=(14500*8)/100=1160;

thus original price=given tax -VAT;

=14500-1160=13340;