The buying price of a bicycle is ₹21,830. If the value added tax (VAT) was charged at 18%, then what was the original cost price of the bicycle?
1) ₹25,160
2) ₹18,500
3) ₹17,900.6
4) ₹25,759.4
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Answer:
2) ₹18,500 is correct
The solution is given in the pic.
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