Question

A firm quotes rupees 7540 for a music system . it charges Sales Tax at 7% on the qouted price. find the selling price of the music system​

Answer 1

Answer:

cost price of musivmc system = 7540

tax rate = 7 %

tax amount = 7 % of 7540

=7/100 × 7540 = Rs. 527.8

selling price = 7540+ 527.8= Rs. 8067.80

Ans : selling price of music system is Rs . 8067.80