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CBSE Class 8 Answered

A color TV is available for Rs 26880 inclusive of VAT. If the original cost of the TV is Rs 24000, find the rate of VAT.
Asked by Topperlearning User | 04 Jun, 2014, 01:23: PM
Expert Answer

Let the rate of the VAT be x%.

Then,

Rs 24000 + x% of Rs 24000 = Rs 26880

Rate of VAT = 12%

Answered by | 04 Jun, 2014, 03:23: PM

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