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13. Profit, Loss, Discount and Value Added Tax (VAT)
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Q3 of 70 Page 13

Aman bought a shirt for Rs. 374.50 which includes 7% VAT. Find the list price of the shirt.

Given,


VAT = 7%


Let list price of shirt = Rs. X


So,


=


=


=


Hence,


List price of shirt = Rs.350


More from this chapter

All 70 →
1

The list price of a refrigerator is Rs. 9700. If a value added tax of 6% is to be charged on it, how much one has to pay to buy the refrigerator?

2

Vikram bought a watch for Rs. 825. If this amount includes 10% VAT on the list prices. What was the list price of the watch?

4

Rani 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.

5

Swarna paid Rs. 20 as VAT on a pair of shoes worth Rs. 250. Find the rate of VAT.

Questions · 70
13. Profit, Loss, Discount and Value Added Tax (VAT)
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