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13. Profit, Loss, Discount and Value Added Tax (VAT)
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Q7 of 70 Page 13

The cost of furniture inclusive of VAT is Rs. 7150. If the rate of VAT is 10%, find the original cost of the furniture.

Given,


Cost of furniture inclusive VAT = Rs.7150


VAT = 10%


Let the original cost of furniture = Rs. X


So,


=


=


=


Hence,


Original cost of furniture = Rs. 6500


More from this chapter

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5

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

6

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.

8

A refrigerator is available for Rs. 13750 including VAT. If the rate of VAT is 10%, find the original cost of the refrigerator.

9

A colour T.V. is available for Rs. 13440 inclusive of VAT. If the original cost of TV is Rs. 12000, find the rate of VAT.

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