Question

If TV is purchased at Rs;5400 including  8%VAT. So what is the market price 

Answer 1

Including vat of 10% cp=54000
let the price of the tv be x
x+8%of x=54000
⇒108x/100=54000
⇒x=54000*100/108
⇒x=5000
So the market price of the item is 5000

Answer 2

Given
Price including VAT= 5400
VAT % = 8%
To Find = Price without VAT
Price without VAT =       100       x  Price with VAT
                                   100+VAT%
⇒       100         x  5400
        100+8
⇒    100  x  5400
        108
⇒ 5000
So the ans will b Rs. 5000
:)