A restaurant charges a VAT of ₹ 210 on a bill of ₹ 1500. Calculate the VAT percentage.
12%
14%
11%
4%
We know the cost of food and the VAT
VAT% = VATTotal amount× 100
= 2101500× 100
∴ VAT % = 14%
A family went to a restaurant for dinner. The bill amounting ₹ 3000 was handed which was not inclusive of the 4% value added tax (VAT). The new bill would be:
A family went to a restaurant for dinner. The bill amounting to Rs 3000 was handed which was not inclusive of the 4% Value Added Tax (VAT). The new bill would be:
RITU BOUGHT A SHIRT OF 4536 RUPEES (INCLUDING VAT). ORIGINAL PRICE OF THE SHIRT IS 4200 RUPEES. WHAT IS THE PERCENTAGE OF VAT?
Manoj buys a leather coat costing Rs. 900 at Rs. 990 after paying the VAT. Calculate the VAT charged on the cost.