ABC26GN2867 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

Raza purchased a bicycle for ₹ 6810. He had paid a VAT of 13.5\%. The list price of the bicycle was [SSC-CHSL (10+2) Exam, 2015]
(a)₹ 6696.50
(b)₹ 6140
(c)₹ 5970.50
(d)₹ 6000
Answer
Answer (as printed): D
Explanation
VAT % = 13.5% Cost price (including VAT) = ` 6810 6810 ∴ List price = × 100 = ` 6000 113.5

Explanation as extracted from the printed page; notation may be imperfect.

Open in whiteboard · Browse this chapter in the app