a TV set is purchase for 4000 rupees and sold at profit of 8 percent .if customer have to pay 4 present sale tax. what amount does he pay for all TV sat
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Cost Price = Rs 4000 (Given)
Find Selling Price
Profit = 8% x Rs 4000 = 0.08 x 4000 = Rs 320
Selling Price = 4000 + 320 = Rs 4320
Find Price after tax:
tax = 4% x 4320 = 0.04 x 4320 = Rs 172.80
Price after tax = 4320 + 172.80 = Rs 4492.80
Answer: He has to pay Rs 4492.80
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