Q) Sandhya purchased a bag for ₹2500 inclusive of 8% VAT.Find the price of bag before the VAT.
1 answer:
Answer:
sp with vat = Rs. 2500
vat% = 8%
so,
let sp without vat be x
vat amount = vat% of sp
= 8% of x
8x/100
again
sp with vat = sp without vat + vat amount
2500= x + 8x/100
2500=108x/100
250000=108x
x = 2314.81
so, the price if the bag before vat was rs. 2314.81
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