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What is the price of a bag costing Rs 1800 after levying 13% VAT?

Mathematics GK by Pathshala Nepal
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What is the price of price of a bag costing Rs. 1800 after levying value added tax VAT? Find it.


2 Answers


Solution,

Given, Selling price (SP) = Rs. 1800

Rate of VAT = 13%

To find, Selling Price with VAT included.

Using Formula,

S.P with VAT = SP + VAT % of SP

= Rs. 1800 + 13% x 1800

= Rs 1800 + Rs 234

= Rs 2043

∴ Selling price of a bag after levying 13% VAT on it becomes Rs. 2043

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