A computer costing Rs. 34,000 is sold at Rs. 38080 including VAT. Find the amount of VAT and its percentage.

12 percent is the vat percentage.

4080 is the amount of VAT

Step-by-step explanation:

It's a pretty simple question don't stress it.

To find the amount of the vat, it's simply subtracting the price including VAT by the initial price, 34000.

38080 - 34000 = 4080

To find the percentage of vat, simply do

  This equation will give you the percentage of VAT.

38080/34000 = 1.12