Question

VAT%=5%, Bill amount=2,940 what is original price

Answer 1

vat @5% = 2940×5%
original bill amount = 2940+147 = 3087




$3087$

Answer 2

VAT% =5%

Bill amount [SP] =2,940

SP = [1+ rate/100]×MP

2,940 = [1+ 5/100]×MP

2,940 =[105/100]×MP

2,940 ×100/105=MP

28×100=MP

2800=MP   [ is the original price ] ANS