The total cost of a coloured TV is ₹11,880 which includes 8% sales tax. Find the marked price of the TV. If the same TV with the same marked price is available at 5% rebate and the rate of sales tax is also then,find the new cost of the TV.
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Answer:
12500
Step-by-step explanation:
It is given that
Total price of TV including VAT =Rs.13500
Rate of VAT =8%
We know that
Original price of TV =(13500×100)/(100+8)
By further calculation
=(13500×100)/108
=Rs.12500
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