Question

list price of a pair of shoes is RS 450 if Amit paid rs 45 as vat for it find the rate of vat

Answer 1

45÷459×100=4500÷459=9.8%

Answer 2

Percentage = Amount of change/ Original amount ×/100
If amit paid Rs.45 as VAT then total amount would have been Rs.495 (450+45)
Therefore according to formula,
45/450×100= 10%
Hence 10%VAT was charged