Question

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​

Answer 1

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