A buys an item for rs. 600 of which 12% is excise and 4% is sales tax . how much would a pay exclusive of taxes and excise
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summing 12% excise and 4% sales tax it comes 16% then I think above is your answer
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Answer :
The Original price of the product is Rs. 517.24
Step by step explanation :
Hey Mate,
Given Data,
Total price of Item is Rs. 600.
Excise Tax is 12%
Sales Tax is 4%
Original Price (Need to Find)
Total Price (Rs. 600) = Original Price (100 %) + Excise Tax (12 %) + Sales Tax (4 %)
Rs. 600 = 116 %
1 % = 600/ 116
1 % = 5.1724
100 % = 517.24.
The Original price of the product is Rs. 517.24
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