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Sales Tax / VAT

Sales tax is ...

Question

Question 65

Sales tax is always calculated on the cost price of an item and is added to the value of the bill.

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Solution

False
Sales tax is always calculated on the selling price of an item and is added to the value of the bill.

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Question 65

Sales tax is always calculated on the cost price of an item and is added to the value of the bill.

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Question 26

___ is charged on the sale of an item by the government and is added to the bill amount.

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Sales Tax / VAT

Standard VIII Mathematics

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