Prachi bought medicines from a medical store as prescribed by her doctor for Rs. 36.40 including 4% VAT. Find the price of medicines before VAT was added.
Let the price before VAT is Rs. x.
The cost of medicine including 4% VAT =Rs. 36.40
⇒x+4% of x=Rs. 36.40
⇒x+4100×x=36.40
⇒x(1+4100)=36.40
⇒x(104100)=36.40
⇒x=36.40×100104
∴x=Rs. 35