Billy buys a fridge vat at the rate of 20% is applied to the price of the fridge billy pays a total price of £480 for the fridge work out the price of the fridge before the vat is added
Let x be the price of the fridge before the VAT is added.
The VAT is 20% of x, which is (20/100)*x = 0.2x.
The total price of the fridge is the price before VAT plus the VAT, so it is x + 0.2x = 1.2x.
Billy paid a total price of £480 for the fridge, so 1.2x = £480.
Dividing both sides by 1.2, we get x = £480/1.2 = £400.
Therefore, the price of the fridge before the VAT is added is £400. Answer: \boxed{£400}.