Numerical

Sum

Ramesh paid Rs 345.60 as sales tax on a purchase of Rs 3,840. Find the rate of sales tax.

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#### Solution

Sale price = Rs 3,840

Sales tax paid = Rs 345.60

∴ Rate of sales tax = `"sales tax"/"sale price" xx 100%`

= `345.60/3840 xx 100%`

= 9%

Concept: Computation of Tax

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