Q5 of 94 Page 139

Karuna bought 10 g of gold for Rs. 15756 including VAT at 1%. What is the rate of gold per 10 g?

VAT = 1%


Selling Price = Rs.15756


Let × be the original price of watch.


VAT Amount = 1% of x


=x/100


× + x/100 = 15756


101x/100 = 15756


X= (15756 × 100) / 101


= Rs.15600


So, Original Price of 10gm Gold excluding VAT is Rs.15600.


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