Answer:
The original price of the toaster is 2000
Step-by-step explanation:
Given: Toaster price = 2240
VAT = 12%
VAT amount = ?(I'll include this one)
Assume the original price be x.
Let the original price be x
Then, x + 12% of x = 2240
x+12/100x x = 2240
100x+12x/ 100= 2240
112x/100=2240
112x = 2240 x 100 ⇒ 224000
x = 224000/112
x = 2000.
So, the original price of toaster = Rs. 2000.
The VAT amount = 2240 - 2000 ⇒ Rs. 240.
The VAT amount is Rs. 240.
