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Anu purchased a video player for Rs. 1760 including VAT. If the rate of VAT is 10% of the SP. Then the SP of the video player is

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1650 Rs.

1700 Rs.

1640 Rs.

1600 Rs.

answer is D.

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Detailed Solution

Concept: the value of 110% of the initial price as 1760. So first we will find the value of 1% and then we will multiply that price by 100 to find the price at 100% and that will be the value of SP.
Given, video player for Rs. 1760,

1760 = VAT + SP

Now,

VAT = \frac{10}{100} SP

So ,

1760 = \frac{40 SP}{1000}

SP= Rs. 1600
Hence, the correct option is 4

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