Sales Tax and Value Added Tax
Sales Tax and Value Added Tax
Last updated at August 14, 2026 by Teachoo
Transcript
Ex 7.2, 4 I purchased a hair-dryer for Rs 5,400 including 8% VAT. Find the price before VAT was added.Given Amount Paid (Bill Amount) = 5400 Vat Percentage = 8% Let the Original Price = ๐ฅ Tax Amount = Vat Percentage ร Original Price = 8% ร ๐ฅ = 8/100 ร ๐ฅ = ๐๐/๐๐๐ Now, Bill amount = Original Price + Tax Amount 5400 = ๐ฅ + ๐๐/๐๐๐ 5400 = (100๐ฅ + 8๐ฅ)/100 5400 = (108 ๐ฅ)/100 (5400 ร 100)/108 = ๐ฅ (2700 ร100)/54 = ๐ฅ (1350 ร 100)/27 = ๐ฅ (450 ร100)/9 = ๐ฅ 50 ร 100 = ๐ฅ 5000 = ๐ฅ โด ๐ฅ = 5000 โด Original Price = Rs 5000