the price of a T.V set inclusive of VAT is Rs.13,530.if rate of VAT is 10% find its basic price

Dear student
Let basic price of T.V be x, VAT=10%Therefore, VAT=10% of x=10100x=x10Total price of T.V=x+x10=11x10As per question, 11x10=13530or x=135301011=Rs12300Therefore, basic price=Rs 12300
Regards

  • -2
What are you looking for?