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The price of a book with 15% vat is Rs 575,find the price of the book excluding vat.
Answers
Answered by
5
Answer:
Rs 500
Step-by-step explanation:
Given selling price = $575
Gain% = 15%
We know, cost price = selling price × 100/100 + gain%
Therefore, cost price = 575 × 100/100 + 15
= 575 × 100/115
= 57500/115
= $500
Therefore, the cost price of the book is $500.
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Answered by
1
Answer:
500
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