Question

If marked price of a product is 450 and 5% VAT is charged, what is the selling price of the object?​

Answer 1

Answer:

calcution of Value added tax :

450× 5÷100

450×0.05

22.5

calculation of selling price:

450+22.5

472.5

473(round off)

Answer 2

Let $x$ be the selling price.

Thus, given that the marked price is Rs 450,

     $x + \frac{5x}{100} = 450$

or, $\frac{105x}{100} = 450$

or, $105x = 45000$

or, $x = \frac{45000}{105} = Rs 428.5 (approx.)$

Thus, the selling price is Rs 428.5.

P.S. Mark this as he brainliest : )