Sunil bought a T.V. for Rs. 22000 including VAT of 10% . Find the price of T.V. before VAT was added.
Please answer fast !!
Dear student
Let the original cost of tv = RS 100
VAT= 10%=100*10/100=RS 10
cost including VAT=100+10=RS 110
when CP including VAT is RS 110, CP=RS 100
when CP including VAT is RS 22000, CP=
Therefore, price of TV before VAT is added is RS 20000.
Regards
Let the original cost of tv = RS 100
VAT= 10%=100*10/100=RS 10
cost including VAT=100+10=RS 110
when CP including VAT is RS 110, CP=RS 100
when CP including VAT is RS 22000, CP=
Therefore, price of TV before VAT is added is RS 20000.
Regards