The price of a laptop including VAT is Rs 32200 and its original price is Rs 2800. What is the rate of the VAT?
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Answer:
Original Amount = Bill amount – VAT
For i) O.A=10100–
100
1
×10100=9999
For ii) O.A=2940–
100
5
×2940=2793
For iii) O.A=229–
100
14.5
×229=195.795
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