Neha bought a dress for Rs. 5000 , which includes a sales tax of 12.36 % .Find the amount of sales tax and the actual price of the dress before the tax was added
Answers
Answer:
Sales tax = Rs. 618.00
Actual price of dress = Rs. 4382.00
Step-by-step explanation:
Amount of sales tax = 12.36% of tax inclusive cost
= (12.36÷100)×Rs. 5000
=0.1236×Rs. 5000
=Rs. 618.00
Actual price = total price - sales tax
= Rs. 5000 - Rs. 618
= Rs. 4382.00
Answer:
Sales tax = 705.6
The Actual price of dress = 5705.6
Step-by-step explanation:
Qn:Neha bought a dress for Rs. 5000 , which includes a sales tax of 12.36 % .Find the amount of sales tax and the actual price of the dress before the tax was added?
What should we find in the above question is amount of sales tax and actual price
As we know that, List Price = Selling Price( )
Here,The provided informations are:
Selling Price or Marked Price = 5000
Sales tax= 12.36%
Now going onto the question List Price =
Actual Price =Selling Price( )
=5000( )
=5000( )
(I have done it not by estimating the answer by estimating
the answer you might get as 5700)
=5000(1.14 (approx. 1.141031492469192) )
=5000 *1.141031492469192= 5,705.157462345961
we could estimate 5,705.157462345961 as 5705.6
Therefore,Actual price=5705.6
Sale price=705.6
By doing in the estimation way you will get Actual price as 5700 and Sale price as 700.