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