Question

Vikram bought a watch for Rs. 825. If this amount includes 10% VAT on the list prices. What was the list price of the watch?

Answer 1

Given,

VAT =10%

Let list price of watch = Rs. x

Total price of watch = \(x+\frac{10x}{100}\)

Vikram bought watch for Rs. 825

Hence,

= \(x+\frac{10x}{100}\) = 825

= \(x(\frac{11}{10})\) = 825

\(x+\frac{825\times 10}{11}\) = Rs. 750

List price of watch = Rs.750