When the VAT rate is 10% a costumer pays Rs 2816 to buy a mobile set. Find the cost of mobile without VAT.
Answers
Answer:
Question: 1
The list price of a refrigerator is Rs.9700. If a value-added tax of 6% is to be charged on it, how much one has to pay to buy the refrigerator?
Solution:
List price of the refrigerator = Rs. 9700
VAT = 6%
So, VAT = 6% of Rs.9700
= (6/100) × 9700
= Rs. 582
So, the total amount one has to pay is (Rs. 9700 + Rs.582) = Rs.10282
The total amount one has to pay is Rs. 10282.
Answer:
The cost of mobile without VAT = Rs. 2560
Step-by-step explanation:
Given :
VAT rate = 10%
costumer paid to buy mobile = Rs 2816
Find :
The cost of mobile without VAT
Solution :
Let the list price of mobile = x
⇒ x + (10x /100) = 2816
⇒ x + 0.1x = 2816
⇒ x + 0.1x = 2816
⇒ 1.1x = 2816
⇒ x = 2816 / 1.1
⇒ x = 2560
The answer is 2560
Therefore,
The cost of mobile without VAT = Rs. 2560