If 8%VAT is included in the prices,find the original price of (a)A T.V.bought for Rs 13,500. (b)A shampoo bottle bought for Rs 180.
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The original prices of any product would be Selling price * (100-VAT)/100.
Thus, if selling price is SP and VAT is 8%,
Then the Original Price = SP*(100-8)/100 = SP * 92/100
Therefore, the original price of TV = 13500 * 92/100 = 135 * 92 = Rs. 12420
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Similarly, the original price of a bottle of shampoo = 180*92/100 = Rs. 165.6
The original prices of TV and Shampoo bottle are Rs. 12420 and Rs. 165.6 respectively.
Thus, if selling price is SP and VAT is 8%,
Then the Original Price = SP*(100-8)/100 = SP * 92/100
Therefore, the original price of TV = 13500 * 92/100 = 135 * 92 = Rs. 12420
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Similarly, the original price of a bottle of shampoo = 180*92/100 = Rs. 165.6
The original prices of TV and Shampoo bottle are Rs. 12420 and Rs. 165.6 respectively.
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