Question

The cycle worth 900 is bought by Abhinav. The VAT is charged at the rate of 12.50 find the cost price of the cycle..with full method​

Answer 1

Step-by-step explanation:

Price = 900 Bucks

Rate = 12.5%

Cost Price:

$900 + \frac{12.5}{100} 900$

$900 + (12.5 \times 9) = 900 + 112.5 = 1012.5$

Therefore, cost price is 1012.5.

Hope it helps