George bought a V.C.R. at the list price of Rs 18,500. If the rate of VAT was 8%, find the amount he had to pay for purchasing the V.C.R

Explanation

List price `=Rs.18500`
VAT `=8%`
Money paid as VAT `=8% `of `18500`[VAT is paid on list or purchasing price]
`=8/100×18500=Rs.1480`
The total amount he had to pay
`=Rs. (18500+1480)=Rs.19980`