The basic price of a tube light is rupees 50.vat applicable is 12.5% what willbe the cost of tubelight
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Basic price = Rs 50
VAT = 12.5%
Cost of tube light = Rs 50+ 12.5% of 50
i.e. 50+ 6.25 = Rs 56.25
VAT = 12.5%
Cost of tube light = Rs 50+ 12.5% of 50
i.e. 50+ 6.25 = Rs 56.25
SatyanarayanParihar:
How it come
Whatever the basic price is given, I just add the given tax in that price . The price obtained is the price paid by the customer i.e. cost of product.
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