Question

mr. mohit imported a camera after paying a 6% customs duty on the value of the camera in excess of 120000. if the amount of customs duty that mohit paid was 5670, what was the value of the camera?​

Answer 1

Answer:

than the value of camera = amount - custom duty

= 120000 - 5670

= 114330

Answer 2

Answer:

Let the price of the camera be `x.

Given, 6% of (x – 120000) = 5670

⇒ x = 2,14,500.