Question

The sale price of a TV set including VAT is Rs 27000.if the VAT is charged at 8% of the list price;What is the list price of the TV set in Rupees?​

Answer 1

Answer:

Let the least price be x

VAT= 8% of x

8/100*x

8x/100

therefore price including VAT= rupees (x+8x/100)

108×/100

now= 108×/100=2700x=27000*100/108

x=25000

hope it help you

Answer 2

Answer:

Price of TV set including VAT=2700

VAT percent=8%

100/100+8*27000=29160