Question

Sunita purchases a bicycle for Rs 660. She has paid a VAT of 10%. Find the list price of the bicycle?

Answer 1

\[\text { Let the sale price of the bicycle be Rs . x } . \]

\[\text { VAT charged = 10 % } \]

\[\text { Again, } \]

\[\text { Cost of the bicycle = x + 10 % of x }\]

\[660 = x + 0 . 10x\]

\[660 = 1 . 10x\]

\[x = \frac{660}{1 . 10}\]

\[x = Rs . 600\]

\[\text { Thus, the list price of the bicycle is Rs } . 600 .\]