Q12 of 94 Page 142

The price of a watch including 8% VAT is Rs.810. What is its basic price?

VAT = 8%


Selling Price = Rs.810


Let × be the base price.


Vat Amount = 8% of x


= 8x/100


Base Price + VAT = Selling Price


× + 8x/100 = 810


108x/100 = 810


× = (810 × 100) / 108


= Rs.750


So, Cost Price of watch is Rs.750

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