Suresh purchase a watch for Rs. 810 including the VAT of 8%. What was the market price of the watch?
Answers
Answered by
30
Hi,
Selling price = market price ( 100 + vat %)/100
Market price = (s.p × 100 ) / ( 100 + vat% )
According to the problem given ,
Market price = ( 810 × 100 ) /( 100 + 8)
= 81000 / 108
= Rs 750
I hope this helps you.
:)
Selling price = market price ( 100 + vat %)/100
Market price = (s.p × 100 ) / ( 100 + vat% )
According to the problem given ,
Market price = ( 810 × 100 ) /( 100 + 8)
= 81000 / 108
= Rs 750
I hope this helps you.
:)
Answered by
2
I hope 750 is answer.
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