Question

what should be the tax when cost of a doll rs 750 and tax is charged 5percent also find bill amount

Answer 1

Taxable amount (amount before tax) = 750
Tax% = 5%

Final Bill amount
$= 750 \times \frac{(100 + 5)}{100} \\ = 750 \times \frac{105}{100} \\ = 787.5$

Answer 2

Given , cost price =Rs. 750

tax paid = 5% of 750

= 5 / 100 × 750

= 375 / 10

= Rs. 37.5

amount = cost Price + tax paid

= Rs.750 +Rs. 37.5 = Rs.787. 5

hence the total amount paid as a bill
= Rs.787.5