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Question
A Samsung plasma T.V. is priced in the showroom at Rs 68,000. The sales tax on it is Rs 14,960. Find the rate of sales tax.
Sum
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Solution
Sales tax = Rs 14, 960
Price ofT.V. = Rs 68,000
r = `(100 xx 14960)/68000 = 22 %`
Rate of sales tax = 22 %
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