The price of the motorbike is rs.32400 including VAT of 8% .What is the price of the bike before adding the VAT
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Answered by
0
8%of 32400= 2592
So price excluding VAT= 32400-2592=29808
So price excluding VAT= 32400-2592=29808
essar:
sir, can you kindly explain me how 8% of 32400 is 4050
Answered by
16
Heya friend,
Let the price of the motorbike be ₹x before the VAT was added. Then,
according to question,
x + 8 % of x = 32,400
=> x + 8/100 × x = 32,400
=> x + 2/25 × x = 32,400
=> x + 2x/25 = 32,400
=> 25x + 2x/25 = 32,400
=> 27x/25 = 32,400
=> x = 32,400 × 25/27
=> x = 30,000
Hence, the price of the bike is ₹30,000 before the VAT was added.
Thanks
With regards@
Tanisha
Let the price of the motorbike be ₹x before the VAT was added. Then,
according to question,
x + 8 % of x = 32,400
=> x + 8/100 × x = 32,400
=> x + 2/25 × x = 32,400
=> x + 2x/25 = 32,400
=> 25x + 2x/25 = 32,400
=> 27x/25 = 32,400
=> x = 32,400 × 25/27
=> x = 30,000
Hence, the price of the bike is ₹30,000 before the VAT was added.
Thanks
With regards@
Tanisha
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