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A watch was bought for ₹ 2,700 including 8% VAT. Find its price before the VAT was added.

Question

A watch was bought for ₹ 2,700 including 8% VAT. Find its price before the VAT was added.
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Solution 1

To find the price of the watch before the VAT was added, we need to reverse calculate the original price.

Step 1: Calculate the VAT amount The VAT amount is 8% of the total price, which is ₹ 2,700. VAT = 8% of ₹ 2,700 VAT = (8/100) * ₹ 2,700 VAT = ₹ 216

Step 2: Subtract the VAT amount from the t Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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