rate of 1 tv 9200 20% lose what us the saled price
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Answer:
Step-by-step explanation:
Let the profit of the retailer be x
VAT = Rs.4.80
Sales tax=6%
∴ 6% of x=4.80
⇒
100
6
x=4.80
⇒x=
6
480
=80
Hence Profit of the retailer=900−80=Rs.820
Sales tax paid by the retailer=6% of 820=
100
8
×820=Rs.49.20
So,price of the article including sales tax=820+49.20=Rs.869.20
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