kailash chandra pandey


{ City } delhi
< Country > india
* Profession * accountant
User No # 83813
Total Questions Posted # 0
Total Answers Posted # 1

Total Answers Posted for My Questions # 0
Total Views for My Questions # 0

Users Marked my Answers as Correct # 10
Users Marked my Answers as Wrong # 0
Questions / { kailash chandra pandey }
Questions Answers Category Views Company eMail




Answers / { kailash chandra pandey }

Question { Chartered Accountant, 12525 }

Maximum retail price rs.100 including vat 12.5 % what is
basic price


Answer

Maximum Price-100/-
vat 12.5% inclusive
Basic price= 100*100/12.5%=88.89%
VAT= 88.89*12.5%/100=11.11/-
MAXIMUM PRICE=88.89+11.11=100/-

Is This Answer Correct ?    10 Yes 0 No