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The cost of raincoat is rs 400 and VAT is rs 40 find the rate of VAT​

User Tikiboy
by
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1 Answer

3 votes

Divide vat by price

40/400 = 0.1

Multiply by 100

0.1 x 100 = 10%

Rate of vat is 10%

User Alok Mishra
by
6.3k points