Question

please help me in this questions

Answer 1

We always consider the Total cost as the final price at which we sell the goods to someone (i.e. after all the adjustments and taxations).

Here,
Marked Price= 1875
Sales Tax= 4%
Total Cost= M.P. + Tax
=1875+ 4%of 1875
$1875 + \frac{4 \times 1875}{100}$
On solving, we get-
$1875 + 75 = 1950$
Hence, Total Cost is rs.1950(inclusive of tax)