Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
1.2k views
in Profit and Loss by (30.8k points)
closed by

The price of a watch including 8% VAT is Rs.810. What is its basic price? 

A. Rs. 675 

B. Rs. 729 

C. Rs. 750 

D. Rs. 745

1 Answer

+1 vote
by (31.2k points)
selected by
 
Best answer

VAT = 8% 

Selling Price = Rs.810 

Let × be the base price. 

Vat Amount = 8% of x 

= 8x/100 

Base Price + VAT = Selling Price 

x + 8x/100 = 810 

108x/100 = 810 

x = (810 × 100) / 108 

= Rs.750 

So, Cost Price of watch is Rs.750

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...