Question

Daniel buys a refrigerator for Rs 21 850 . The price includes a Value Added Tax (VAT) of 15 %. How much is the VAT?

Answer 1

$\large \mathfrak{Solution : }$

let's find the value of added tax :

• $\dfrac{15}{100} \times 21850$

• $\dfrac{3}{2} \times 2185$

• $\dfrac{6555}{2}$

• $3277.5$

The value of added tax (VAT) = ₹ 3277.5