The sales price of a television, inclusive of VAT, is Rs 13,500. If VAT charged at the rate of 8% of the list price, find the list price of the television.

Open in App

Solution

$Let the list price of the TV be Rs . x . VAT c h a r g e d = 8 % G i v e n, C o s t p r i c e o f t h e T V = R s . 13, 500 S o, Cost p r i c e o f t h e T V = x + 8 % of x 13, 500 = x + 0.08 x 13, 500 = 1.08 x x = \frac{13, 500}{1.08} x = R s . 12, 500 Thus, t h e list p r i c e o f t h e TV is Rs . 12, 500 .$

Suggest Corrections

Similar questions

Q. The sale price of a TV set including VAT is Rs 27000. If the VAT is charged at 8% of the list price, what is the list price of the TV set?

Q. A shopkeeper sells an article at its list price (

R s . 3, 000

) and charges sales-tax at the rate of

12 %

. If the VAT paid by the shopkeeper is Rs.

72

, at what price did the shopkeeper buy the article inclusive of sales-tax ?

$The sale of a TV set including VAT is Rs.27000.If the VAT is charged at 8 % of the list price, what is the list price of the TV set ?$

A Retailer sells Television at Rs 25,000 to the shopkeeper and charges 10% tax. If the retailer pays a VAT of Rs 200 to the government, find the price inclusive of tax at which Retailer bought the T.V. from the wholesaler.

Q.
The original price of a washing machine which was bought for Rs 13,500 inclusive of 8% VAT is:

Join BYJU'S Learning Program

The sales price of a television, inclusive of VAT, is Rs 13,500. If VAT charged at the rate of 8% of the list price, find the list price of the television.

Let the list price of the TV be Rs. x.VAT charged=8%Given, Cost price of the TV = Rs. 13,500So, Cost price of the TV=x+8% of x13,500=x+0.08x13,500=1.08xx=13,5001.08x=Rs. 12,500Thus, the list price of the TV is Rs. 12,500.