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13-10-2020
Mathematics

contestada

1. The price of an article with 15% VAT is Rs. 920. What will be the
price excluding VAT?

Respuesta :

13-10-2020

Answer:

Rs 800

Step-by-step explanation:

VAT%=15%

Total price =Rs920

Consider price without VAT as Rs x.

Then,

Total price =x+15%of x

or,920=23x/20

or, 23x=920*20

or, x=18400/23

Therefore, x=Rs 800

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