The price of a TV set inclusive of VAT is Rs 16200. If the
rate of VAT is 8%, find its basic price.
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1
Answer:
Rs 15,000
Step-by-step explanation:
It is given that
Total price of TV including VAT =Rs.16200
Rate of VAT =8%
We know that
Original price of TV =(16200×100)/(100+8)
By further calculation
=(16200×100)/108
=Rs.15,000
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