1.

The list price of a refrigerator is Rs. 9700. If a value added tax of 6% is to be charged on it, how much one has to pay to buy the refrigerator?

Answer»

Given,

The list price of a refrigerator is = Rs 9700

VAT = 6%

Rate of VAT = 6% of Rs 9700

= 6/100 × 9700

= Rs 582

∴ The total amount one has to pay to buy refrigerator is Rs 9700 + Rs 582 = Rs 10282



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