Question

Kiran purchase an article for rs. 5400 including 8% VAT. Find the price of the article excluding VAT.

Answer 1

Answer:

rs 5000

Step-by-step explanation:

kiran bought the article for rs 5400 including VAT

let the price of the article excluding Vat be rs x

therefore,

    x + 8% of x = 5400

=> x + (8x/100) = 5400

=> (100x + 8x) / 100 = 5400

=> 108x = 5400 * 100

=> x = (5400 * 100) / 108 = 5000