Question

Raman purchased a washing machine for rs 25300, including tax.If it's marked price was rs 23000, find the tax and rate of tax.​

Answer 1

Answer:

Tax = 2300

Rate of tax = 10%

Step-by-step explanation:

MP = 23000

SP for seller = 25300

Tax = SP - MP

Tax = 25300 - 23000

Tax = 2300

Rate of tax = (2300 × 100) ÷ 23000

Rate of tax = 230000 ÷ 23000

Rate of tax = 10 %

Answer 2

Answer:

Total price of the washing machine=Rs.25,300

Marked price of it = Rs.23,000

Tax on it=Rs.(25,300-23,000)=Rs.2,300

Rate of tax=

$\frac{2300}{23000} \times 100\% = 10\%$

Tax rate =10%