Question

Rani purchases a pair of shoes whose sale price is Rs. 175. If he pays a VAT at the rate of $7\%$, how much amount does he pays as VAT. Find the net value of the pair of shoes.

Answer 1

Sale price of a pair of shoes = Rs. 175
Rate of VAT $=7\%$
$\therefore$ Total VAT paid $=Rs.\frac{175\times 7}{100}=Rs.12.25$
and total amount paid = Rs. 175 + Rs. 12.25
= Rs. 187.25