minki purchased a fridge for rs.28500 including VAT...if the marked price of fridge is rs. 26000 find the rate of VAT
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Total price of fridge= 28500
price of the fridge = 26000
so 28500-26000=2500
so 26000÷2500 =10.4%
Rate of Vat =10.4%..!!!
price of the fridge = 26000
so 28500-26000=2500
so 26000÷2500 =10.4%
Rate of Vat =10.4%..!!!
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