The list price of a refrigerator is Rs. 9700. If a value added tax of 6% is to be charged on it, how much one has to pay to buy the refrigerator?
Answers
Answered by
53
Answer:
Rs 10282
Step-by-step explanation:
Solution:
Given,
The list price of a refrigerator is = Rs 9700
VAT = 6%
Rate of VAT = 6% of Rs 9700
= 6/100 × 9700
= Rs 582
∴ The total amount one has to pay to buy refrigerator is Rs 9700 + Rs 582 = Rs 10282
Answered by
2
Here is your answer
MP = Rs 9700
Sale Tax = 6%
Selling price =
\begin{gathered} = \frac{9700 \times 100}{100 + 6} \\ = \frac{970000}{106} \\ = 9150.94\end{gathered}
=
100+6
9700×100
=
106
970000
=9150.94
Therefore Selling price is Rs 9150.94
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