Question

Ravi bought a leather Coat costing Rs. 900 at Rs.990 after paying the VAT. Calculate the rate of VAT on the coat.

Answer 1

original cost is 900
after vat=990
vat=990-900=90
vat%= 90÷900×100=10%

Answer 2

the vat paid by Ravi might be 90 because 990{vat+cost)and900cost. and the rate of vat is =10%