Madhya Pradesh Police Exam Model Paper 8

Given:
VAT = 8%
Cost of book Including VAT = Rs.1026
Formula Used:
Original price = (Cost including VAT × 100)/(100 + VAT%)
Calculation:
Original price = (Cost price including VAT × 100)/(100 + VAT%)
⇒ Original price = (1026 × 100)/(100 + 8)
⇒ Original price = Rs. 950
∴ Price of the book excluding VAT is Rs. 950.
The correct option is 3 i.e Rs. 950.