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A restaurant adds 10% service charge and 12% VAT on the basic price of meals. If the basic price of a meal is ₹1500, how much is the total price which should be paid ?
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Most Upvoted Answer
A restaurant adds 10% service charge and 12% VAT on the basic price of...
Calculation of Service Charge:
The service charge is 10% of the basic price of the meal. To calculate the service charge, we can use the formula:

Service Charge = (10/100) * Basic Price

Given that the basic price of the meal is ₹1500, we can substitute this value into the formula:

Service Charge = (10/100) * ₹1500
= ₹150

Calculation of VAT:
The VAT is 12% of the basic price of the meal. To calculate the VAT, we can use the formula:

VAT = (12/100) * Basic Price

Substituting the value of the basic price:

VAT = (12/100) * ₹1500
= ₹180

Total Price:
To find the total price, we need to add the basic price, service charge, and VAT together. The formula is:

Total Price = Basic Price + Service Charge + VAT

Substituting the values we calculated:

Total Price = ₹1500 + ₹150 + ₹180
= ₹1830

Therefore, the total price that should be paid is ₹1830.
Community Answer
A restaurant adds 10% service charge and 12% VAT on the basic price of...
Total percentage = 10%+12%= 22%

Amount need to pay more= 22% of 1500= 22/100 × 1500 = 330

Total amount= 1500 + 330= ₹1830
.
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A restaurant adds 10% service charge and 12% VAT on the basic price of meals. If the basic price of a meal is ₹1500, how much is the total price which should be paid ?
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A restaurant adds 10% service charge and 12% VAT on the basic price of meals. If the basic price of a meal is ₹1500, how much is the total price which should be paid ? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about A restaurant adds 10% service charge and 12% VAT on the basic price of meals. If the basic price of a meal is ₹1500, how much is the total price which should be paid ? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A restaurant adds 10% service charge and 12% VAT on the basic price of meals. If the basic price of a meal is ₹1500, how much is the total price which should be paid ?.
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