Question

mohit bought a tv for rs 19980 including VAT . if the orignial price be rs 18500, find the rate of VAT

Answer 1

hey....

here is ur answer...


VAT is actually a tax imposed on goods . the full form is value added tax .

the original price is rupees 18500
the price the TV brought for is 19980.

so some % of tax is imposed on the object on rupees 18500.

hence, we can write it as

x% of 18500 = 19980-18500

which is

x% of 18500 = 1480

we have to find x%



so,

$\frac{x}{100} \times 18500 = 1480$

$18500x = 148000$

$x = \frac{148000}{18500}$

$x = \frac{1480}{185}$

$x = 8$

so the VAT is

8%

hope this helps!

Answer 2

Answer:

Step-by-step explanation:

VAT is actually a tax imposed on goods . the full form is value added tax .

the original price is rupees 18500

the price the TV brought for is 19980.

so some % of tax is imposed on the object on rupees 18500.

hence, we can write it as

x% of 18500 = 19980-18500

which is

x% of 18500 = 1480

we have to find x%

so the VAT is

8%

hope this helps!