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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? |
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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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