Q. 193.7( 3 Votes )

Shruti bought a set of cosmetic items for Rs. 345 including 15% value added tax and a purse for Rs. 110 including 10% VAT. What percent is the VAT charged on the whole transaction?

Answer :

Let x be the price of cosmetic


X =

Let Y be the price of purse


Y =

Total cost excluding VAT = 300+100 = 400

Let 3% be VAT percentage

3 =

VAT on whole transaction = 13.75%

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