Question

The selling price of a coloured TV set inclusive of sales tax is rupees 48600. If VAT is charged at 8%. Find the MP of a TV set​

Answer 1

Step-by-step explanation:

48600/1.08 = 45000

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Answer 2

Answer:

45000 Rs

Step-by-step explanation:

SP = 48600 Rs

VAT= 8%

MP= Sale price × 100/ 100 + VAT %

= 48600 × 100/ 100 + 8

= 4860000/ 108

= 45000 Rs