Tanvy bought a watch for Rs.1980 including VAT at10%Find the original price of the watch.
Price of watch including VAT=Rs.1980Rate of VAT =10%∴Original price of the watch=Sale price×100100+VAT%=Rs.1980×100100+10=Rs.1980×100110=Rs.1800
Vikram bought a watch for Rs. 825. If this amount included 10% VAT on the list price, what was the list price of the watch?
The price of watch of watch including 10 % VAT is Rs. 825. What is its basic price ?
(a) Rs. 742.50
(b) Rs. 775
(c) Rs. 750
(d) Rs. 907.50