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Rajan bought a watch for Z 1870 including VAT at 10%. Find the original price of the watch.

1 Answer

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Best answer

VAT = 10% 

Selling Price = Rs.1870 

Let x be the base price. 

Vat Amount = 10% of x 

= x/10 

Base Price + VAT = Selling Price 

x + x/10 = 1870 

11x/10 = 1870 

x = (1870 × 10) / 11 

= Rs.1700 

So, Cost Price of watch is Rs.1700

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