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i want basic formula to find vat 4% from the total bill
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Answer Posted / suresh kumar
Total Bill Amount =5202/-
At first we have to find out the Bill amount excluding Tax.
ie. (5202/104.04)x100 = 5000/-
Vat = 5000x4% = 200/-
Cess = 200x1% = 2/-
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Total Bill Amount = 5202/-
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| Is This Answer Correct ? | 27 Yes | 8 No |
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