A hair-dryer has price of ₹5400 including 8% VAT. The price before VAT is :
Answer & explanation
Correct answer: option 3
Price with VAT = 100% + 8% = 108%
108% = 5400
1% = 50
108% = 108 × 50
= 5000
The correct answer is option (3) : ₹5000
A hair-dryer has price of ₹5400 including 8% VAT. The price before VAT is :
Correct answer: option 3
Price with VAT = 100% + 8% = 108%
108% = 5400
1% = 50
108% = 108 × 50
= 5000
The correct answer is option (3) : ₹5000