Rahul bought a camera costing rs 2,16,000 including VAT at 18%.what is the price before VAT?
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Answered by
5
Answer:
1,83,050.847
Step-by-step explanation:
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Answered by
1
Answer:
Let the MP be x
Therefore, VAT= 18% of x
= 18x/100
= 9x/50
Now, the SP =
x + 9x/50
= 50x + 9x/50
= 59x/50
SP=59x/50
216000 = 59x/50
x = 216000 × 50/59
x = 10,800,000/59
x = 183,050.8
Hence, price before vat is 183,050.8
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