Question

Sakshi bought a set of cosmetic items for Rs 345 including 15% VAT and a purse

for Rs 110 including 10% VAT. What percent of VAT is charged on the whole

transaction?​

Answer 1

Answer:

Given, CP of set of cosmetic items = Rs 345 Let us consider the price of cosmetic be = Rs x VAT = 15% = 15/100 × x = 15x/100 So, x + 15x/100 = 345 115x/100 = 345 115x = 345×100 x = 34500/115 = 300 CP of purse = Rs 110 Let us consider the price of purse be = Rs y VAT = 10% = 10/100 × y = 10y/100 = y/10 So, y + y/10 = 110 11y/10 = 110 11y = 110×10 y = 1100/11 = 100 So, Total price = 300+100 = Rs 400 Let the VAT on the whole truncation be r% Now, r% of 400 = r/100 × 400 = 4r So, 400 + 4r = (345+110) 400 + 4r = 455 4r = 455 – 400 4r = 55 r = 55/4 = 13.75 ∴ VAT on whole transaction is 13.75%.Read more on Sarthaks.com - https://www.sarthaks.com/669448/shruti-bought-set-cosmetic-items-for-345-including-15-value-added-tax-and-purse-including?show=669457#a669457

Answer 2

Step-by-step explanation:

345 *20/23= 300

so price of cosmetic without vat = 300

and

110*10/11= 100 rs price of purse without vat

price of both without vat= 300+100=400

total vat =( 345-300) +(110-100)

= 45+10= 55

% vat 55/400 *100

= 13.75

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