Kanta purchased a refrigerator for ₹8208 including sales tax . If the list price of the refrigerator is ₹7600, then the rate of sale tax is
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Kanta purchased a refrigerator for ₹8208 including sales tax . The list price of the refrigerator is ₹7600.
Rate of sale tax.
Given that,
- Kanta purchased a refrigerator for ₹8208 including sales tax .
- The list price of the refrigerator is ₹7600
Let assume that
- Rate of sale tax is x %.
Now,
List price of refrigerator = ₹ 7600
Selling price of refrigerator including tax = ₹ 8208
So,
Amount of Sale Tax paid = Selling Price - List Price
Amount of Sale Tax paid = 8208 - 7600 = ₹ 608
Now,
Hence, Rate of Sale Tax = 8 %
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