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The list price of a DVD player is Rs. 13,500. If the rate of VAT is 11%, find the selling price of theDVD player.5. |
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Answer» Let list price is LP = 13500ce Selling price is SPGiven VAT = 11% SP = LP + VAT = LP + (11/100)LP = LP(111/100) = 13500(111/100) = 135*111 = 14985 Selling price is Rs 14985 |
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