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Finding Sales Tax / VAT

The selling p...

Question

The selling price of a cooking range including VAT is Rs 19,610. What is the original price of the cooking range ?

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Solution

Let the original price be Rs.x
Therefore, selling price including VAT = x + 6x/100
19610=106x/100
1961000=106x
1961000/106=x
18500=x
Therefore, the original price is Rs. 18500

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