Find the rate of sale tax if an article marked at Rs.5000 is sold at Rs.5500 . 10% 11% 12% 15%
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Answer:
Price of Article without Tax = 5000 Rs
Price article after tax = 5200 Rs
Find the rate of tax percentage = ?
Tax = 52000 -5000
=> 200 Rs
.°. Tax = 200 Rs
Tax % = × 100
The rate of sales tax is 4%
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