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The value of car includin VAT …

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The value of car includin VAT is rs.382500.If the orignal price of car is 340000,find the rate or VAT.

Posted by Anushka Sharma 5 years, 11 months ago

CBSE > Class 08 > Mathematics

1 answers

Yogita Ingle 5 years, 11 months ago

Selling Price = Rs.382500

Original Price = Rs.340000

VAT Amount = 382500- 340000

= Rs.42500

VAT % = (VAT Amount/Original Price) × 100

= (42500/340000) × 100

= 12.5%

So, Rate of VAT on Car is 12.5%

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