Raza purchased a bicycle for ₹ 6810. He had paid a VAT of 13.5%. The list price of the bicycle was [SSC-CHSL… · ABC26GN2867

Subject: General Aptitude · Chapter: Profit and Loss

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.

Study loop for Profit and Loss

1. Practise the PYQsPrevious-year questions, with answers

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