the list price of a shoes is Rs 450. if rs 45 is paid as VAT, find the rate of vAT
Answers
Answered by
5
List Price = Rs 450
VAT = Rs 45
VAT % = List/VAT ×100 = 450/45 ×100
=10 %
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Answered by
7
Answer:
10%
Step-by-step explanation:
FORMULA=VAT/LIST PRICE*100
45/450*100
45/45*10
1*10=10
SO THE ANSWER IS 10%
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