Reena bought a fan at 1080 including 8%VAT. find the price of fan before VAT was added
Answers
Answered by
7
Answer:
1000rs.
Step-by-step explanation:
Price of Fan (excluding VAT) + VAT = Rs.1080
let,Price of Fan (excluding VAT) = x
x + 8%(x) = 1080
1.08 x = 1080
x = Rs.1000
Price of the fan before adding VAT = Rs.1000
Answered by
1
Answer:
Given,
VAT% = 5%
Price of fan = Rs 1080
Price of fan before VAT was added = 1080 - 5% of 1080
= 1080 - 5/100 * 1080
= 1080 - 1/2 * 108
= 1080 - 54
= Rs 1026
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