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14-04-2021
Mathematics

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Write the formula to evaluate the rate of VAT (V%) if
selling price with VAT is Rs. x and selling price without
VAT is Rs. y.

help.

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AFOKE88 AFOKE88

19-04-2021

Answer:

V% = (100(x - y)/x)%

Step-by-step explanation:

We are given;

Selling price with VAT = Rs. x

Selling price without VAT = Rs. y.

Thus; VAT = Rs. (x - y)

Rate of VAT(V%) = ((x - y)/x) × 100%

= (100(x - y)/x)%

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