Question

rana purchase a shirt for rs 1176, inclusive of VAT. if the original price of shirt is rs 1120, find the rate of VAT.

Answer 1

original price=rs1120
include Tax=1176
rate of tax=1176-1120
=rs56

please like if u understand.

Answer 2

orignal p =1120
total price =1176
VAT=total price- original price
= 1176-1120
=56
VAT%= 56×100/1176
=4•7619%