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What is the price of an article costing Rs. 1400 after levying 13% VAT. Find it.

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What is the price of an article costing Rs. 1400 after levying 13% VAT. Find it.


1 Answer


Given,

Selling price(SP) = Rs. 1400

Rate of VAT = 13%

To find, SP with VAT

By formula,

SP with VAT = SP+VAT% of SP

= Rs.1400+13% of Rs. 1400

= \(Rs.1400+\frac{13}{100}\times1400\)

= Rs.1400 + Rs. 182

= Rs.1582

Therefore, Selling price with VAT is Rs.1582.

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