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Profit Loss Discount and Value Added Tax | Profit Loss Discount and Value Added Tax Exercise 13.3

Question 8

A refrigerator is available for Rs. 13750 including VAT. If the rate of VAT is 10%, find the original cost of the refrigerator.

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Given,

Cost of refrigerator inclusive of VAT is = Rs 13750

VAT = 10%

Let us consider the original cost of refrigerator be = Rs x

VAT at the rate of 10% on Rs x = Rs 10/100 × x

= Rs 10x/100

So,

x + 10x/100 = 13750

(100x+10x)/100 = 13750

110x/100 = 13750

11x/10 = 13750

11x = 13750 × 10

x = 137500/11

= 12500

∴ Original cost of the refrigerator is Rs 12500

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Question 8

A refrigerator is available for Rs. 13750 including VAT. If the rate of VAT is 10%, find the original cost of the refrigerator.

Looking to do well in your science exam ? Learn from an expert tutor. Book a free class!

Given,

Cost of refrigerator inclusive of VAT is = Rs 13750

VAT = 10%

Let us consider the original cost of refrigerator be = Rs x

VAT at the rate of 10% on Rs x = Rs 10/100 × x

= Rs 10x/100

So,

x + 10x/100 = 13750

(100x+10x)/100 = 13750

110x/100 = 13750

11x/10 = 13750

11x = 13750 × 10

x = 137500/11

= 12500

∴ Original cost of the refrigerator is Rs 12500

Our top 5% students will be awarded a special scholarship to Lido.

subject-cta
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