Question

bicycle is available for rupees 1664 including tax in the list price of a bicycle is 1600 find the rate of tax and the price a customer will pay for The Bicycle if the tax is increased by 6% ​

Answer 1

Step-by-step explanation:

sp = 1664

lp =1600

st = sp-lp

1664-1600

64

rate of sales tax = 64×100/1600 = 4%

in second case, rate of sales tax is increased = 4%+6%

=10%

sales price = Rs 1600+160=Rs 1760