Question
Mathematics Question on Tax
The price of a TV is Rs 13,000. The sales tax charged on it is at the rate of 12 %. Find the amount that Vinod will have to pay if he buys it.
Answer
On Rs 100, the tax to be paid = Rs 12
On Rs 13000, the tax to be paid will be = Rs (10012×13000)
= Rs 1560
Required amount=Cost+Sales Tax =Rs13000+Rs1560
= Rs14560
Thus, Vinod will have to pay Rs 14,560 for the T.V.