Mohit went to a shop and bought a shirt of rupees 1650 including 10% VAT find the amount of vat
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Answered by
5
cost of shirt = 1650 including 10percent VAT
SO, VAT AMOUNT = 10/100*1650=165
ANSWER IS 165
HOPE THIS WILL HELP U
SO, VAT AMOUNT = 10/100*1650=165
ANSWER IS 165
HOPE THIS WILL HELP U
viru5:
no this is wrong i think ans is 1500
Answered by
8
Let the Marked Price(MP) be Rs.x
Since,CP=MP+VAT
CP=x+10/100*x
1650 =x+x/10
1650 =11x/10
x=16500/11=1500
Therefore VAT on MP =10/100*1500=150
Therefore the amount of VAT is Rs.150
Since,CP=MP+VAT
CP=x+10/100*x
1650 =x+x/10
1650 =11x/10
x=16500/11=1500
Therefore VAT on MP =10/100*1500=150
Therefore the amount of VAT is Rs.150
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