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CBSE Class 8 Answered

Suppose Anil bought something that was priced at Rs 6.95, and the total bill was Rs 7.61. What is the sales tax rate in this city?
Asked by Topperlearning User | 04 Jun, 2014, 01:23: PM
answered-by-expert Expert Answer

The sales tax is a certain percentage of the price, so  first figure out what the actual tax was.

The tax was:

7.61 - 6.95 = 0.66

 

Then

Rate of sale tax =  

 

Hence, the sales tax rate is 9.5%.

Answered by | 04 Jun, 2014, 03:23: PM

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