Question

The price of an object with 13%value added tax is

Rs. 5763. What will be the value added tax amount? Find​

Answer 1

9514 1404 393

Answer:

₹663

Explanation:

The ratio of the tax to the total is ...

13%/(100%+13%) = VAT/5763

VAT = 5763(0.13/1.13) = 663

The value added tax is ₹663.