Given
Marked Price =Rs.50
Tax =5%
Selling price = Marked Price + Tax
=Rs.(50+5100×50)
=Rs.52.5
∴ selling price of towel is Rs.52.5
Sanjay purchased a two-wheeler for Rs.43200 with sales tax. If the rate of sales tax is 8% then the selling price of vehicle is ______
A manufacturer produces a good and sells it to a wholesaler at a price of Rs.500 and wholesaler sells it to retailer at a price of Rs.600. The retailer sells it to the customer at a price of Rs.800. If the sales tax charged is Rs 5%. Find the total tax charged by the government under VAT.