Q. 813.7( 3 Votes )
Prachi bought medicines from a medical store as prescribed by her doctor for Rs 36.40 including 4% VAT. Find the price before VAT was added.
Given that, the price of medicine including 4% VAT is 36.40.
We have, selling price = cost price + VAT
⇒ Cost price = Selling price - VAT
⇒ The price before VAT was added = price including VAT – VAT
= 36.40 - 1.456
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