Question

Manish goes to a sport shop to purchase a cricket bat coasting ₹3672 . The rate of vat is 8%. Ne tells the shopkeeper to reduce the price of the ckicket bat to such an extent that ne has to pay ₹3672 inclusive of vat. Find the reduction needed in the price of the cricket bat.

Answer 1

so he reduced 8% of vat

price reduced = 8*3672/100

=293.76