Question

reena goes to a shop to buy a radio costing 2568. the rate of value added tax is 7% . she tells the shopkeeper to reduce the price of the radio to such an extent that she has to pay rs 2568. inclusive of value added tax. find the reduction need in the price of the radio

Answer 1

Answer:

Final C.P. of a radio = Rs. 2568

Rate of value-added tax = 7%

Let the price of the radio before adding VAT be Rs. “x”.

According to the question,

x + (7% of x) = 2568

or, x + 7x/100 = 2568

or, x = 2568 / 1.07 = Rs. 2400

Thus, the reduction needed in the price of the radio = 2568 – 2400 = Rs. 168 .

Answer 2

Answer:

Final C.P. of a radio = Rs. 2568

Vol) 4G . LTE2

Rate of value-added tax = 7%

Let the price of the radio before adding VAT be Rs. “x".

According to the question,

x + (7% of x) = 2568

or, x + 7x/100 2568

or, x = 2568/ 1.07 = Rs. 2400

Thus, the reduction needed in the price of the radio = 2568 - 2400 = Rs. 168

Step-by-step explanation:

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