Question

sushil purchased some furniture for ₹47400 including tax, if the original price of furniture is ₹42000 then what percent of sales tax is charged

Answer 1

tax 47400-42000= 5400

percent of tax 5400/47400×100=11.39%

Answer 2

Original price = 42000

purchase price = 47400

Tax = purchase price - original price

= 47400 - 42000

= 5400

percentage of tax = (tax /cost price )×100

= (5400/42000)×100

= 540000/42000

= 12.8%