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The cost of furniture inclusive of VAT is Rs. 7150. If the rate of VAT is 10%, find the original cost of the furniture. |
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Answer» Given, Cost of furniture inclusive of VAT is = Rs 7150 VAT = 10% Let us consider the original cost of furniture be = Rs x VAT at the rate of 10% on Rs x = Rs 10/100 × x = Rs 10x/100 So, x + 10x/100 = 7150 (100x+10x)/100 = 7150 110x/100 =7150 11x/10 = 7150 11x = 7150 × 10 x = 71500/11 = 6500 ∴ Original cost of the furniture is Rs 6500 |
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