Question

find the rate of sales tax if an article marked at rupees 4000 is sold for rupees 4440

Answer 1

Answer:

Rate of sales tax is 11%.

Step-by-step explanation:

Sale Tax = Price at which sold - Marked Price

= Rs. 4440 - Rs. 4000

= Rs. 440

Rate of sales tax =($\frac{Sales Tax}{Marked Price}$ x 100)%

= ($\frac{Rs. 440}{Rs. 4000}$ x 100)%

= 11%

Answer 2

The rate of sales tax is 11%

Given : An article marked at rupees 4000 is sold for rupees 4440

To find : The rate of sales tax.

Solution :

We can simply solve this mathematical problem by using the following mathematical process. (our goal is to calculate the rate of sales tax)

Here,

Selling price = Marked price + Sales tax

So,

Sales tax = Selling price - Marked price

By, putting the available data, we get :

Sales tax = Rs. (4440 - 4000) = Rs. 440

Now, rate of sales tax will be :

= [100 × (Sales tax / Marked price)]%

= [100 × (440/4000)]%

= 11%

(This will be considered as the final result.)

Hence, the rate of sales tax is 11%