Question

Sujatha bought a suitcase for $Rs.2370$. The $VAT$ for this item is $5\%$. What was the price of the suitcase before $VAT$ was added? Also find out how much is the $VAT$.

Answer 1

Consider the problem,

Sujatha bought a suitcase for $Rs2370$ with $5\%VAT$ included.

So, $5\%$ of $2370$ is $=\frac{2370}{100}\times 5=Rs118.5$

So, before $VAT$ be added the cost of price is $2370-118.5=Rs2,251.5$

And the total $VAT=Rs118.5$