The sales price of a television, inclusive of VAT, is Rs 13500. If VAT is charged at the rate of 8% of the list price, find the list price of the television.

Explanation

The cost price of the TV `=` Rs.`13500`
Let the list price of the TV be `x`.
VAT Charged`=8%`
Now, the cost of the TV will be`=x+8%` of `x`
Therefore,
`x+8%` of `x=13500`
`x+0.08x=13500`
`1.08x=13500`
`x=12500`
Hence, the list price of the TV is Rs.`12500`.