Question 64

The original price of a shampoo bottle bought for Rs 324, if 8% VAT is included in the price, is Rs 300.

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Solution

True
The original price of a shampoo bottle = Rs 300
Cost price of shampoo bottle after 8% VAT
$= 300 + \frac{8}{100} \times 300 = 300 + 8 \times 3 = 300 + 24 = R s . 324$

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