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Question

Sunita purchases a bicycle for Rs 660. She has paid a VAT of 10%. Find the list price of the bicycle?

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Solution

Let the sale price of the bicycle be Rs. x. VAT charged=10%Again, Cost of the bicycle=x+10% of x660=x+0.10x660=1.10xx=6601.10x=Rs. 600Thus, the list price of the bicycle is Rs. 600.

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