Karuna bought 10 g of gold for Rs 15756 including VAT at 7%. What is the rate of gold per 10 g?
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Answer:
14725
Step-by-step explanation:
Let x be the rate of gold per 10g.
Vat =7%
According to the question-
x+ x/100=15756
107/100x=15756
⇒x= 14725
Hence the original Price of 10gm Gold excluding VAT is Rs.14725.
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