Q. 54.9( 7 Votes )
Swarna paid Rs. 20 as VAT on a pair of shoes worth Rs. 250. Find the rate of VAT.
Answer :
Given,
List price of shoes = Rs.250
Let VAT = X %
= X% of 250=20…………………Given
= 
Hence,
VAT = 8%
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PREVIOUSRani purchases a pair of shoes whose sale price is Rs. 175. If she pays VAT at the rate of 7%, how much amount does she pay as VAT? Also, find the net value of the pair of shoes.NEXTSarita 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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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.
RD Sharma - Mathematics