A table is sold at rupees 4815 inclusive of 7% VAT . What is the cost of the table before VAT is added ?
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A table is sold at rupees 4815 inclusive of 7% VAT . What is the cost of the table before VAT is added ?
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Answer:
₹4500
Step-by-step explanation:
Final price of table = ₹4815
VAT = 7%
Let the cost of table before VAT be x.
According to Question,
(100+7)% of x = ₹4815
=> 107% of x = ₹4815
=> 107/100 x = ₹4815
=> x = 4815 × 100/107
=> x = ₹4500
Hence, the cost of table before VAT was added was ₹4500.
₹4500 is the right answer
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