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Arun sells a sythesizer for $17,280 …

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Arun sells a sythesizer for $17,280 including the VAT. What is the selling price he will be getting after depositing the tax to the government at the rate of 8%

Posted by Sanjana Ghanta 4 years, 7 months ago

CBSE > Class 08 > Mathematics

1 answers

Sia ? 4 years, 7 months ago

Selling price of the synthesizer = Rs 17280
Tax rate = r = 8%
Selling price without addiing VAT
of 8% = (100 × s.p of synthesizer )/( 100 + r )
= ( 100 × 17280 ) / ( 100 + 8 )
= ( 100 × 17280 ) / 108
= Rs 16000

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CBSE > Class 08 > Mathematics