Question

if selling price and value added tax are given then write the formula to calculate sp with VAT​

Answer 1

Answer:

lets say the value added tax is 10% and SP is 1000 rupees

then we add 10% of original price to get final SP,

1000 + 10/100 * 1000%

1000 + 100

1100 rupees

The formula we can derive is:

if SP= x  and VAT= y

=

x + y/100 * x