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Question
Sunita purchases a bicycle for Rs 660. She has paid a VAT of 10%. Find the list price of the bicycle?
Solution
\[\text { Let the sale price of the bicycle be Rs . x } . \]
\[\text { VAT charged = 10 % } \]
\[\text { Again, } \]
\[\text { Cost of the bicycle = x + 10 % of x }\]
\[660 = x + 0 . 10x\]
\[660 = 1 . 10x\]
\[x = \frac{660}{1 . 10}\]
\[x = Rs . 600\]
\[\text { Thus, the list price of the bicycle is Rs } . 600 .\]
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