Rohit purchased a pair of shoes for Rs 882 inclusive of vat. If the original cost be Rs 840 .find the rate of vat.
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Answered by
170
Hello friend, here is your answer.
Price of shoes including VAT = ₹882
Price of shoes before VAT = ₹840
VAT = ₹(882-840)
= ₹42
VAT % = VAT/CP × 100
= 42/840 × 100
= 5%
Hope it helps you.
Regards
Tanisha
Price of shoes including VAT = ₹882
Price of shoes before VAT = ₹840
VAT = ₹(882-840)
= ₹42
VAT % = VAT/CP × 100
= 42/840 × 100
= 5%
Hope it helps you.
Regards
Tanisha
Answered by
27
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