"Question 8 The price of a TV is Rs 13,000. The sales tax charged on it is at the rate of 12%. Find the amount that Vinod will have to pay if he buys it,
Class 8 Comparing Quantities Page 125"
Answers
Sales
Tax(ST)
It is the amount charged by the government on the sale of an item.
It is collected by the shopkeeper from the customer and given
to the government. This is, therefore, always on the selling price of an item
and is added to the value of the bill.
Sales Tax = Price x Tax Rate
If the tax is x%, then Total price after including tax would be
Final Price= Cost of item + (x/cost of item) X100
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Solution:
Given: Price of a TV is ₹ 13,000
Rate of tax= 12%
Sales tax=tax rate× price
Sales tax =( 12/100) × 13000
Sales tax=₹ 1560.
Final price after including tax= 1560+ 13000
= ₹ 14560
The amount that Vinod will have to pay if he buys it= ₹ 14560=========================================================
Hope this will help you...
Answer:
sales tax = price *tax rate
price=13000
tax rate=12
sales tax=?
Final price= 12/100*13000
= 1560
sales tax = 1560+13000