______ is an additional amount of money you pay based on a percentage of the selling price of goods and services that are purchased.
A
income tax
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
sales tax
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
property tax
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
VAT
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is C sales tax Sales tax is an additional amount of money you pay based on a percentage of the selling price of goods and services that are purchased.