Question

In Mumbai Himanshu plans to purchase a particular service for Rs. $1300$, plus VAT at $14.5$%. What is the total cost including VAT?

• A. $1500$
• B. $1480$
• C. $1488.5$
• D. $1500.5$

Answer 1

Answer: (C)

$1488.5$

Cost price of serviced is Rs. $1300$

VAT is $14.5\%$

$\therefore$ $VAT=\frac{14.5}{100}\times 1300=Rs.188.5.$

$\Rightarrow$ Total cost $=$ Rs. $1300+$ Rs. $188.5=$ Rs. $1488.5$.