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The price of a watch including 8% VAT is Rs.810. What is its basic price? A. Rs. 675 B. Rs. 729 C. Rs. 750 D. Rs. 745 |
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Answer» VAT = 8% Selling Price = Rs.810 Let × be the base price. Vat Amount = 8% of x = 8x/100 Base Price + VAT = Selling Price x + 8x/100 = 810 108x/100 = 810 x = (810 × 100) / 108 = Rs.750 So, Cost Price of watch is Rs.750 |
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