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Math Help - help regarding VAT..

  1. #1
    Member
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    jharkhand
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    help regarding VAT..

    Find the purchase price of
    a) an electric fan marked Rs 1500 plus VAT of 12.5%
    b) a ticket for a concert costing Rs 2650 plus VAT at 4%
    c) sweets costing Rs 150 plus VAT at 4%.

    If anyone could plz solve any one of the above for me then i would get the idea of how to work out the rest two....just any one that u like!
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  2. #2
    MHF Contributor
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    ??

    1500 * 1.125
    2650 * 1.04
    150 * 1.04

    If these truly are difficult for you, please go have a chat with your academic advisor. You may be in the wrong class - or something.
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  3. #3
    Member
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    Mar 2009
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    jharkhand
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    well hey..i understand what u did above.... but its not adding tax on the price...VAT is a totally different concept..& now i feel u need to be advised by someone...
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  4. #4
    Junior Member
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    Jun 2006
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    What TKHunny has done is correct. The only time when VAT and Tax are different from each other is when there are multiple buyers and sellers involved.
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