In india, let's assume excise duty is 10% and sales tax is 10%. You made a sales of 1000. What is the sales tax?
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Answer: The sales tax would be Rs 100.
Step-by-step explanation:
Given that,
Excise duty percentage= 10%
Sales tax percentage= 10%
When a sale of Rs 1000 is made, the sales tax would be given by:
Sales tax= Sale*sales tax percentage
Sales tax= 1000*10%= 1000*10/100= 100
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