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Sales Tax / VAT

A farmer boug...

Question

A farmer bought a pump set. he paid $R s 58, 960$ from his savings. He borrowed $R s 49, 750$ from the bank to pay for the pump set. What is the cost of the pump set?

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Solution

The cost of pump $= 58, 960 + 49, 750$

$= R s .1, 08, 710$

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