the cost of a furniture inclusive of sales tax is rs 7150. if the original cost of the furniture is rs 6500.find the rate of sales tax
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Cost of furniture inclusive of sales tax =7150
Original cost =6500
Increase =7150-6500 =650
Direct =10%
But
This is solution
Tax%= increment/cp or original cost x 100
Tax%=65/650 x100
=10%
This is ur ans hope it will help you in case of any doubt comment below
Original cost =6500
Increase =7150-6500 =650
Direct =10%
But
This is solution
Tax%= increment/cp or original cost x 100
Tax%=65/650 x100
=10%
This is ur ans hope it will help you in case of any doubt comment below
Answered by
3
let rate of sales tak be x
cost inclusive of sales tax = 7150
original cost = 6500
tax charged = 7150 - 6500= 650
=> 6500 * x/100 = 650
=> x = 650 * 100/ 6500
=> x = 10%
cost inclusive of sales tax = 7150
original cost = 6500
tax charged = 7150 - 6500= 650
=> 6500 * x/100 = 650
=> x = 650 * 100/ 6500
=> x = 10%
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