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Raza purchased a bicycle for Rs. 6810. He had paid a VAT of 13.5%. The list price of the bicycle was = ?

1Rs. 6696.50
2Rs. 6140
3Rs. 5970.50
4Rs. 6000

Answer:- 4

Explanation:-

Solution:

VAT % = 13.5%
Cost price (including VAT) = Rs. 6810

\begin{aligned} ∴ List price = \frac{6810}{113.5} \times 100 \\ = Rs . 6000 \end{aligned}

$\eqalign{ & \therefore {\text{List price}} = \frac{{6810}}{{113.5}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{. }}6000 \cr}$

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", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "

Solution:

VAT % = 13.5%
Cost price (including VAT) = Rs. 6810

\begin{aligned} ∴ List price = \frac{6810}{113.5} \times 100 \\ = Rs . 6000 \end{aligned}

$\eqalign{ & \therefore {\text{List price}} = \frac{{6810}}{{113.5}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{. }}6000 \cr}$ ", "dateCreated": "7/24/2019 10:09:12 AM" } }

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