Question

Maria buyes a leather coat costing rs 4600 for rs 5060 aftet paying the vat calculate the rate of vat

Answer 1

Price =4600
After adding vat =5060

So vat =5060-4600=460

Vat %=vat/price x100

=460/4600 x 100

Vat rate =10%

This is ur ans hope it will help you