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the selling price of a washing machine was £380.80 including vat at 17.5%.find the rice price before the vat was added.

Sagot :

Mathstudent55idn

Answer:

£324.09

Step-by-step explanation:

Let x = price before VAT.

VAT is 17.5% of the price, so VAT is 0.175x.

The price plus VAT is x + 0.175x = 1.175x

The price with VAT is £380.80.

Therefore,

1.175x = £380.80

Divide both sides by 1.175

x = £324.09

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