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A TV set was bought for Rs 26,250 including 5% VAT. The original price of the TV set is ______. - Mathematics

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Question

A TV set was bought for Rs 26,250 including 5% VAT. The original price of the TV set is ______.

Options

  • Rs 27,562.50

  • Rs 25,000

  • Rs 24,937.50

  • Rs 26,245

MCQ
Fill in the Blanks

Solution

A TV set was bought for Rs 26,250 including 5% VAT. The original price of the TV set is Rs 24,937.50.

Explanation:

Cost price of TV set = Rs. 26250.

VAT including = 5%

Original price = Cost price of article including VAT = `26250 - 5/100 xx 26250`

= `26250 - 26250/20`

= 26250 – 1312.50

So, original price of the TV set = Rs. 24937.50

Hence, Rs 24,937.50

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Chapter 9: Comparing Quantities - Exercise [Page 289]

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NCERT Exemplar Mathematics [English] Class 8
Chapter 9 Comparing Quantities
Exercise | Q 18. | Page 289

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