Question

Shreya purchased a table set at RS 9900 She paid RS 11125 including VAT. Find the rate of VAT

Answer 1

Cost price of table set = Rs 9900
Cost price of table set including VAT = Rs 11125
Amount of VAT = 11125 - 9900 = 1225
$vat = \frac{amount \: of \: vat\: }{mp} \times 100$
VAT = 1225/9900 × 100
= 12.37%
Ans》Rate of VAT IS 12.37 % .

Answer 2

Answer:

Cost price of table set = Rs 9900

Cost price of table set including VAT = Rs 11125

Amount of VAT = 11125 - 9900 = 1225

vat = \frac{amount \: of \: vat\: }{mp} \times 100vat=

mp

amountofvat

×100

VAT = 1225/9900 × 100

= 12.37%

Ans》Rate of VAT IS 12.37 %

Step-by-step explanation:

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