Question 26
___ is charged on the sale of an item by the government and is added to the bill amount.
Sales tax is charged on the sale of an item by the government and is added to the bill amount ∴ Sales tax = Tax % of bill amount
Question 65
Sales tax is always calculated on the cost price of an item and is added to the value of the bill.
The bill amount of an article is Rs 550 and its sale price is Rs 500. Find the rate of sales tax charged.