Question

A tv costs £800 at 20% VAT. How much was the original price?

Answer 1

Hey there!!

Total cost - 800

This cost is included with the 20% VAT .

Let's take the original price as 'x'.

Then,

Sum of 20% of 'x' and x would be 800.

... 20x/100 + x = 800

... x/5 + x = 800

... 6x/5 = 800

... 6x = 800 * 5

... 6x = 4000

... x = 666.666667.

Hence, the original price is 666.67 ( avg ).

Hope my answer helps!!