The spelling price of activa including tax is rs 42500. If the vat charged is at the rate of 7% find the price of activa before vat was added
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Step-by-step explanation:
Let real price be x
VAT=7%of x
= (7/100)*x=7x/100
Total price =VAT+real price
=(7x/100) + x = 38520
= (7x+100x)/100 =38520
=107x/100=38520
= x = (38520*100)/107
= 36000
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