the selling price including VAT on a cooking range is rs 19610. what is the original price of cooking range? the VAT is 6%.
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VAT = 6%
Original price (no VAT) = P (say)
VAT = P * 6/100
Selling price = P + P * 6/100 = P * 106/100
Selling price including the VAT = Rs 19, 610.
So P * 106/100 = Rs 19, 610
P = Rs 18, 500.
Original price (no VAT) = P (say)
VAT = P * 6/100
Selling price = P + P * 6/100 = P * 106/100
Selling price including the VAT = Rs 19, 610.
So P * 106/100 = Rs 19, 610
P = Rs 18, 500.
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