Question

sachin bought a shirt for rs 540, including 8% vat. find the list price of the shirt

Answer 1

hello Frnd

Here is your answer


Sachin bought shirt on ₹ 540

540 includes VAT in it, which is 8% of list price.

Since we don't know the list price

we have to calculate by this method.

540 × 8 /108 = 40

here VAT is ₹ 40

Hence the list price of product is 540 - 40 = ₹ 500



hope it helps
#jerri

Answer 2

cp of shirt= ₹540
vat %=8%
let mp of shirt=₹x
vat amount= 8/100×x
ATQ.
8/100×X + 540= x
540=100x-8x/100
540=92x/100
540×100/92=x
x=₹586.95 apprx