Question

The selling price with VAT, on a cooking range is $19,610$. If the VAT is $6$%, what is the original price of the cooking range?

Answer 1

$SP=19610$

VAT$=6\%$

$SP=106\%\times MP⟹MP=\frac{19610}{106\%}=18500$

Hence, original price$=Rs.18,500$.