Question

The price of a toaster is rupees 2240 including VAT at 12℅.find the original price of the toaster .

Answer 1

Price of toaster including VAT = Rs.2240
VAT % = 12%
Let the original price be x
Therefore, x+12% of x = 2240
112x/100 = 2240
x = 2240×100/112 = 20×100 = 2000
Hence, the original price of toaster is Rs. 2,000

Hope that helps

Answer 2

[(original RS/100)*12]+original RS=2240
original RS=x
(x/100)*12+x=2240
(3x/25)+x=2240
(3x+25x)/25=2240
28x=2240*5
x=2240*25/28
x=2000