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A retailer buys an article from the wholesaler at ₹80 and the wholesaler charges a sales tax at the prescribed rate of 8% upon it. The retailer fixes the price at ₹100 and charges sales tax at the same rate from the customers. Find the total Sales tax paid in the process. |
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Answer» A retailer buys an article from the wholesaler at ₹80 and the wholesaler charges a sales tax at the prescribed rate of 8% upon it. The retailer fixes the price at ₹100 and charges sales tax at the same rate from the customers. Find the total Sales tax paid in the process. |
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