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Question

The price of a TV is ₹13,000. The sales tax charged on it is at the rate of 12%. Find the amount that Vinod will have to pay if he buys it.

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Solution

Step 1: Interpreting the problem.

The price of T.V is ₹13,000.
On ₹ 100, the tax to be paid = ₹ 12

Step 2: Calculating the tax.

Here, on ₹13000, the tax to be paid will be =12100×13000
=1560

Step 3: Calculating the amount after tax is charged.

Required amount = Cost + Sales Tax

= ₹ 13000 + ₹ 1560

= ₹ 14560

Therefore, Vinod will have to pay ₹ 14,560 for the T.V.

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