at the furniture shop,the bill amount was RS 18000 including sales tax . if the marked price was RS 16000 , find the rate of sales price.
Answers
Answered by
12
Hey there,
Hope the question was about rate of sales tax
Tax price = 18000 - 16000
= 2000
To find the sales tax = (Tax price/ sale price) * 100
= (2000/ 16000) * 100
12.5 %
Hope it helps...
Hope the question was about rate of sales tax
Tax price = 18000 - 16000
= 2000
To find the sales tax = (Tax price/ sale price) * 100
= (2000/ 16000) * 100
12.5 %
Hope it helps...
Answered by
4
Answer:
12.5%
Bill amount including tax=18000
Marked price=16000
Tax price=18000-16000=2000
Sales tax=Tax price/Sale price*100
=2000/16000*100
=12.5%
Therefore rate of sales tax is 12.5%
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