The price of an article is ₹9350 which includes vat at 10%. Find how much less a customer pays for the article if the vat of the article decrease by 3%.
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let original price be x
x + 10/100x = 9350
110/100 x = 9350
x = 9350/110 x 100
x = 85 X 100 = 8500 rupees
let vat be 7 %
vat = 8500 X 7/100
= 595
price of article including vat = 8500 + 595 = 9095 rupees
I hope its helps you
x + 10/100x = 9350
110/100 x = 9350
x = 9350/110 x 100
x = 85 X 100 = 8500 rupees
let vat be 7 %
vat = 8500 X 7/100
= 595
price of article including vat = 8500 + 595 = 9095 rupees
I hope its helps you
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