Question

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 1

Given cost price of television = Rs 13,000

Sales tax rate = 12%

Let purchase price = 100

When purchase price = 100

∴ Amount = C.P `(1 + 12/100)`

= 13000 `(1 + 12/100)`

= ₹14560