Ajit buys a motorcycle for Rs 17600 including value added tax. If the rate of VAT is 10%, what is the sale price of the motorcycle?

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Solution

$Let the sale price of the motorcycle be Rs x . Cost including VAT = 10 % of x + x 17600 = \frac{10}{100} \times x + x 17600 = 0.10 x + x 1.10 x = 17600 x = \frac{17600}{1.10} = 16000 Thu s, the sale price of the motorcycle is Rs 16000 .$

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Ajit buys a motorcycle for Rs 17600 including value added tax. If the rate of VAT is 10%, what is the sale price of the motorcycle?

Let the sale price of the motorcycle be Rs x.Cost including VAT=10% of x + x17600 = 10100 × x + x17600 = 0.10x + x1.10x = 17600x = 176001.10 = 16000Thus, the sale price of the motorcycle is Rs 16000.

$Let the sale price of the motorcycle be Rs x . Cost including VAT = 10 % of x + x 17600 = \frac{10}{100} \times x + x 17600 = 0.10 x + x 1.10 x = 17600 x = \frac{17600}{1.10} = 16000 Thu s, the sale price of the motorcycle is Rs 16000 .$