Final answer:
To find the selling price (SP) with value added tax (VAT), multiply the SP by the VAT percentage and add the VAT amount to the SP. Therefore, the SP of Rs 100 with a 15% VAT is Rs 115.
Step-by-step explanation:
To find the selling price (SP) of an item with value added tax (VAT), you need to follow these steps:
- Find the VAT amount by multiplying the SP by the VAT percentage.
- Add the VAT amount to the SP to get the SP with VAT.
For example, if the SP is Rs 100 and the VAT percentage is 15%, you can calculate:
- VAT amount = Rs 100 x 0.15 = Rs 15
- SP with VAT = Rs 100 + Rs 15 = Rs 115
Therefore, the SP of Rs 100 with a 15% VAT is Rs 115.