Question

Pls Answer This Fully SO That I Can Check My ans of my test pls

Answer 1

Answer:

The original price of dictionary is 500

Step-by-step explanation:

market price of dictionary = 540

vat( value added tax) on it = 8%

Original price =?

let the original price is = X

8% tax is further added to original price

8X/100

1. X+ 8X/ 100 = 540
2. taking LCM IN LHS
3. 100X + 8X = 540*100
4. 108X = 54000
5. X = 5400/ 108

X = 500 ( original price of dictionary)

5400- 500 = 40

VAT = 40