Prachi bought medicines from a medical store as prescribed by her doctor for ₹ 36.40 including 4 $%$ VAT. Find the price of medicines before VAT was added.

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Solution

The cost of medicine including 4 $%$ VAT = ₹ 36.40
The price of medicine before 4 $%$ VAT
$∴$ selling price = cost price + VAT
CP $= 36.40 - \frac{4}{100} \times 36.40 = 36.40 - 4 \times 0.364 = 36.40 - 1.456 = ₹ 34.944 \approx ₹ 35$

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Prachi bought medicines from a medical store as prescribed by her doctor for ₹ 36.40 including 4 % VAT. Find the price of medicines before VAT was added.

The cost of medicine including 4 % VAT = ₹ 36.40 The price of medicine before 4 % VAT ∴ selling price = cost price + VAT CP =36.40−4100×36.40=36.40−4×0.364=36.40−1.456=₹34.944 ≈ ₹35

Prachi bought medicines from a medical store as prescribed by her doctor for ₹ 36.40 including 4 $%$ VAT. Find the price of medicines before VAT was added.

The cost of medicine including 4 $%$ VAT = ₹ 36.40
The price of medicine before 4 $%$ VAT
$∴$ selling price = cost price + VAT
CP $= 36.40 - \frac{4}{100} \times 36.40 = 36.40 - 4 \times 0.364 = 36.40 - 1.456 = ₹ 34.944 \approx ₹ 35$