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Mohit bought a shirt for 1337.50 including VAT at 7%. Find the original price of the shirt.

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Best answer

We know that the VAT = 7%

SP = ₹1337.50

So let’s consider the original price of shirt as x

∴ VAT amount = 7% of x

= 7x/100

∴ x + 7x/100 = 1337.50

(100x + 7x)/100 = 1337.50

107x /100 = 1337.50

x = (1337.50 × 100) / 107

x = 1250

∴ The original price of the shirt excluding VAT is ₹1250

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