mallica purchased a washing machine for rs 26160 including VAT at 9%. what is the original price of the washing machine? solve in the note book
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Answer:
The correct answer is 24000Rs
Step-by-step explanation:
Let the price be x
VAT,=9%ofx
=9/100x
price including VAT=x+9/100*x
=100x+9x/100
=109/100x
therefore, Price of washing machine=Rs. 26160
109x/100=26160
x=26160*100/109
x=2616000/109x
x=24000
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