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13. Profit, Loss, Discount and Value Added Tax (VAT)
Home · Class 8 · Maths · Ref. Book · 13. Profit, Loss, Discount and Value Added Tax (VAT)
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Q8 of 70 Page 13

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

Given,


Cost of refrigerator inclusive VAT = Rs.13750


Rate of VAT = 10%


So,


=


=


=


Hence,


Original cost of furniture = Rs.12500


More from this chapter

All 70 →
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.

7

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

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.

10

Reena goes to ashop to buy a radio, costing Rs. 2568. The rate of VAT is 7%. She tells the shopkeeper to reduce the price of the radio such that she has to pay Rs. 2568, inclusive of VAT. Find the reduction needed in the price of radio.

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