Answer:
₹ 37500
Step-by-step explanation:
Let the price before VAT be ₹x.
[tex] \therefore \: x + 8 \% \: of \: x = 40500 \\ \therefore \: x +0.08x = 40500 \\ \therefore \: 1.08x = 40500 \\ \therefore \: x = \frac{40500}{1.08} \\ \huge \red{ \boxed{ \therefore \: x = Rs. \: 37,500}}[/tex]
Hence the price before including VAT of air conditioner was ₹ 37,500.