A hair-dryer has price of ₹5400 includ

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Home Questions 9UCSBKMAB8

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A hair-dryer has price of ₹5400 including 8% VAT. The price before VAT is :

Options:

₹4888

₹4698

₹5000

₹4788

Correct Answer:

₹5000

Explanation:

Price with VAT = 100% + 8% = 108%

108% = 5400

1% = 50

108% = 108 × 50

= 5000

The correct answer is option (3) : ₹5000