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2 years ago

7

Write the formula to evaluate the rate of VAT (V%) if

1 answer:

ludmilkaskok [199]2 years ago

3 0

Answer:

V% = (100(x - y)/x)%

Step-by-step explanation:

We are given;

Selling price with VAT = Rs. x

Selling price without VAT = Rs. y.

Thus; VAT = Rs. (x - y)

Rate of VAT(V%) = ((x - y)/x) × 100%

= (100(x - y)/x)%

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