Question 16
The original price of a washing machine which was bought for Rs. 13500 including of 8% VAT, is
(a) Rs 12420
(b) Rs 14580
(c) Rs 12500
(d) Rs 13492
The price of the washing machine = Rs 13500
VAT [Value Added Tax] is included in selling price, which is 8%,
∴ The original price of the washing machine including of 8% VAT
=13500−13500×8100=13500−135×8
= 13500 - 1080 =Rs 12420