The sale price of a TV set including VAT is Rs. 27000. If the VAT is charged at 8% of the list
price, what is the list price of the TV set?
VAT = 8%
Selling Price = Rs.27000
Let × be the original price of watch.
VAT Amount = 8% of x
=8x/100
× + 8x/100 = 27000
108x/100 = 27000
X= (27000 × 100) / 108
= Rs.25000
So, Original Price of TV Set excluding VAT is Rs.25000.