Ravi bought a leather coat costing ₹900 at ₹990 after paying the vat .Calculate the rate of vat charged on the coat.
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Hi ,
sellprice of the coat (s.p) =Rs900
Bill amount = Rs 990
VAT = Bill amount - s.p
= Rs 990 - Rs 900
= Rs 90
Vat Percentage = ( 90/900 ) × 100
= 10%
I hope this helps you.
: )
sellprice of the coat (s.p) =Rs900
Bill amount = Rs 990
VAT = Bill amount - s.p
= Rs 990 - Rs 900
= Rs 90
Vat Percentage = ( 90/900 ) × 100
= 10%
I hope this helps you.
: )
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