Question

Rana purchased a shirt for 1176, inclusive of
VAT. If the original price of the shirt is
1120, find the rate of VAT.​

Answer 1

Answer:5%

Step-by-step explanation:

Marked price =1120

After adding V At, price=1176

Difference :1176-1120=56

Vat%=

56*100/1120

Therefore, VAT=5%