Question

State True or False for each of the following:

(a)ST means sales Tax, which we pay when we buy items.

(b)Sales Tax is calculated on the
marked price of an item.

(C)CP = MP - Discount

(d)These days, the prices of items include the tax, called VAT (Value Added Tax).

(e)Profit per cent or loss per cent is always calculated on the selling price.

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Answer 1

Answer:

false

true

true

false ok