The list price of a refrigerator is Rs 9700.
Question:

The list price of a refrigerator is Rs 9700. If a value added tax of 6% is to be charged on it, how much one has to pay to buy the refrigerator?

Solution:

List price of the refrigerator $=$ Rs. 9700

VAT $=6 \%$

So, $\mathrm{VAT}=6 \%$ of Rs. 9700

$=$ Rs. $\frac{6}{100} \times 9700$

$=$ Rs. 582

So, the total amount one has to pay $=$ Rs. $9700+$ Rs. 582

$=$ Rs. 10,282

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