Q. 123.7( 3 Votes )
Ajit buys a motorcycle for Rs. 17600 including value added tax. If the rate of VAT is 10%, what is the sale price of the motorcycle?
Answer :
Given,
Rate of VAT = 10%
Cost of motorcycle including VAT = Rs. 17600
Let the sale price = Rs.X
=
=
=
Hence,
Sale price of motorcycle = Rs.16000
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Sarita buys goods worth Rs. 5500. She gets a rebate of 5% on it. After getting the rebate if VAT at the rate of 5% is charged, find the amount she will have to pay for the goods.
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