Question

Renu bought a t-shirt for RS.540 including VAT 8% find the list price​

Answer 1

Answer:

Rs 500

Step-by-step explanation:

VAT is imposed on CP

let CP=100%

VAT=8%

buying price is CP+8%of CP=108%

108%=540

100%=500

Answer 2

Answer:

₹500

Step-by-step explanation:

Renu bought a shirt on ₹540

price =₹540 and VAT=8%

then, If price= 100, VAT=8%

=108

∵540*8/108 =40

∵list price = price-VAT

540-40= ₹500