Q10 of 70 Page 13

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.

Given,


Cost of radio = Rs.2568


Rate of VAT = 7%


Let the reduced price, excluding VAT of the radio = Rs.X


= VAT = 7 % of Rs. X = Rs.


Hence,


Selling price of radio = Rs.


Selling price = Rs.2568……………………………..Given


So,


=


=


Reduction needed in price of radio = Rs.( 2568 – 2400) = Rs.168


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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.

 11

Rajat goes to a departmental store and buys the following articles:













Item



Price per item



Rate of VAT



2 Pairs of shoes


1 Sewing machine


2 Tes-Sets



Rs. 800


Rs. 1500


Rs. 650



5%


6%


4%



Calculate the total amount he has to pay to the store.

 12

Ajit buys a motorcycle for Rs. 17600 including value added tax. If the rate of VAT is 10%, what is the sale price of the motorcycle?