Prachi bought medicines from a medical store as prescribed by the doctor for 36.40 including 4% VAT. Find the price before VAT was added
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2
SP of medicine is rs. 36.40
VAT paid is 4℅ of 36.40= rs. 1.46
so the price before VAT = 36.40- 1.46= rs. 34.94
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Answer:
AS per question
We know that selling price=cost price+VAT
so,
=36.40=4/100×36.40
=36.40-4×0.364
=36.40-1.456=rs35
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