Question

priya bought a suitcase for rs 8400. theVATfor this item was 5%. what was the price of the suitcase beforeVATwas added? also, state how much the VAT was?

Answer 1

total cost equalp to 8400
vat equal to 8400×5 by 100 than obtained 420
vat equal to 420 cost price before vat equal to 8400- 420= 7980
coat Price before vat are 7890

Answer 2

Answer:

bought suitcase of Rs 8400

Rate of VAT is 5%

let price before VAT =rs x

VAT = 5/100×x=5x/100

VAT = 5/100×x=5x/100price + VAT = SP

VAT = 5/100×x=5x/100price + VAT = SPx+5x/100=8400

VAT = 5/100×x=5x/100price + VAT = SPx+5x/100=8400100x+5x/100 = 8400

VAT = 5/100×x=5x/100price + VAT = SPx+5x/100=8400100x+5x/100 = 8400105x/100 =8400

VAT = 5/100×x=5x/100price + VAT = SPx+5x/100=8400100x+5x/100 = 8400105x/100 =8400x =8400 ×100 / 105

VAT = 5/100×x=5x/100price + VAT = SPx+5x/100=8400100x+5x/100 = 8400105x/100 =8400x =8400 ×100 / 105x = 840000 / 105

VAT = 5/100×x=5x/100price + VAT = SPx+5x/100=8400100x+5x/100 = 8400105x/100 =8400x =8400 ×100 / 105x = 840000 / 105x = rs 8000

VAT = 5/100×x=5x/100price + VAT = SPx+5x/100=8400100x+5x/100 = 8400105x/100 =8400x =8400 ×100 / 105x = 840000 / 105x = rs 8000hence , rs 8000 is the price before VAT added