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A coat is marked at Rs. 4000, a discount of 25% is offered on the coat. After adding the sales tax the final cost of the coat comes to Rs. 3240. Find the rate of sales tax.
Asked by Topperlearning User | 04 Sep, 2017, 01:34: PM
answered-by-expert Expert Answer

 

begin mathsize 12px style Marked space price space of space coat equals space Rs. space 4000 Discount space equals space 25 percent sign space of space 4000 space space space space space space space space space space space space space space space space space space equals 25 over 100 cross times 4000 equals Rs. space 1000 After space discount space price space of space coat space equals space 4000 space minus space 1000 space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space equals space Rs. space 3000 Final space price space of space coat equals space Rs. space 3240 Sales space tax space amount space equals space 3240 space minus space 3000 equals Rs. space 240 Rate space of space Sales space tax space equals space 240 over 3000 cross times 100 equals 8 percent sign Rate space of space sales space tax space is space 8 percent sign. end style

Answered by | 04 Sep, 2017, 03:34: PM

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