Question

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

Answer 1

Answer : (c)

Price of watch including VAT = Rs. 825

VAT % = 10 %

$\therefore Basicprice=\frac{Totalprice\times \left(100\right)}{100+VAT}=Rs.\frac{825\times 100}{100+10}=\frac{825\times 100}{110}=Rs.750$