If 8% VAT is in the price, find the
original price of the following items:
d. A bottle of hair oil for 150
e. An LCD for 81,000
Answers
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Step-by-step explanation:
It is given that
Total price of TV including VAT =Rs.13500
Rate of VAT =8%
We know that
Original price of TV =(13500×100)/(100+8)
By further calculation
=(13500×100)/108
=Rs.12500
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