Question

$\text{Sajal purchased some car parts for Rs.20776 including VAT at}12\%\text{What is the original cost of these spare parts ?}$

Answer 1

$\text{Sale Price of car parts including VAT=Rs.20776}\text{Rate of VAT}=12\%\therefore \text{Original price of car parts}=\frac{Saleprice\times 100}{100+VAT\%}=Rs.\frac{20776\times 100}{100+12}=Rs.\frac{20776\times 100}{112}=Rs.18550$