Question

if the cost of radio is Rs.2568 V.A.T. IS 7% ORIGINAL PRICE IS EQUAL TO?

Answer 1

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Let reduced price of the radio be Rs.x. k

Therefore, x+ 7% of x = 2568 

=> x+7x100x+7x100 = 2568

=>x=256800107x=256800107

=> x = 2400 

Therefore, Reduction needed in the price of radio = (2568 - 2400) = Rs.168

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