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ICSE Class X Math 2013 Paper

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Question : 29 of 46
Marks: +1, -0
A shopkeeper sells an article at the listed price of ₹ 1,500\text{₹ 1,500} and the rate of VAT is 12%12\% at each stage of sale. If the shopkeeper pays a VAT of ₹ 36 to the Government, what was the price, inclusive of Tax, at which the shopkeeper purchased the article from the wholesaler ?
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