(a) Calculate the cost of a TV priced at Rs. 21,500 after adding 13% VAT.
(b) A man paid Rs. 35,500 for a necklace, including 13% VAT. What is the VAT amount?
(a) Determine the original cost of a palmtop if 13% VAT is imposed, resulting in a payment of Rs. 15,820.
(b) After a 5% discount on the marked price of a radio, the price becomes Rs. 1,672. What is the discount amount?
Answer (2)
(a) To calculate the cost of a TV priced at Rs. 21,500 after adding 13% VAT, we must first calculate the VAT amount and then add it to the original price.
VAT = 100 13 × 21500 = 2795 Rs.
Therefore, the total cost of the TV after adding VAT is:
Total Cost = 21500 + 2795 = 24295 Rs.
(b) To find the VAT amount on a necklace for which a man paid Rs. 35,500, including 13% VAT, we need to calculate the VAT that is included in the total payment.
Let the original price be x . Then:
1.13 x = 35500
Solving for x :
x = 1.13 35500 ≈ 31415.93 Rs.
Thus, the VAT amount is:
VAT = 35500 − 31415.93 ≈ 4084.07 Rs.
(a) To determine the original cost of a palmtop if 13% VAT results in a payment of Rs. 15,820, set up the equation:
1.13 x = 15820
Solving for x :
x = 1.13 15820 ≈ 14000 Rs.
The original cost before VAT is approximately Rs. 14,000.
(b) Given that a 5% discount on the marked price of a radio results in a final price of Rs. 1,672, we can determine the discount amount by first finding the original marked price.
Let the marked price be x . Then:
0.95 x = 1672
Solving for x :
x = 0.95 1672 ≈ 1760 Rs.
Therefore, the discount amount is:
Discount = 1760 − 1672 = 88 Rs.
To calculate costs including VAT, you add the VAT amount to the original price. To find the VAT from a total price, you can rearrange the formula. Additionally, you can find discounts by determining the marked price before the discount is applied.
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