Question:
Sunita purchases a bicycle for Rs 660. She has paid a VAT of 10%. Find the list price of the bicycle?
Solution:
Let the sale price of the bicycle be Rs. $x$.
VAT charged $=10 \%$
Again,
Cost of the bicycle $=x+10 \%$ of $x$
$660=x+0.10 x$
$660=1.10 x$
$x=\frac{660}{1.10}$
$x=R s .600$
Thus, the list price of the bicycle is Rs. 600 .
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