seema goes to a shop to buy cosmetics costing Rs 2568. The rate of value added tax is 7%.She tells the shopkeeper that the to reduce the price of the item to such an extent that she has to pay Rs 2568, inclusive of value added tax find the reduction needed on the cosmetics
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GRTK:
wrong please check
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Answer:
Step-by-step explanation:
2568/1.07 = 2400
offset = (2568-2400)/2568 = 6.55% (approx)
I think this is the correct answer.
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