Vidyalelo
Aptitude · Q396

Profit And Loss

Competitive Exams · Aptitude · question 396

Q396

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

A.
Rs. 6696.50
B.
Rs. 6140
C.
Rs. 5970.50
D.
Rs. 6000
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
VAT % = 13.5%
Cost price (including VAT) = Rs. 6810