Mr. Z purchased a sofa set for Rs. 11,000 including tax. If the printe – InterviewSolution

1.

Mr. Z purchased a sofa set for Rs. 11,000 including tax. If the printed price of sofa set is Rs. 10,000, find the rate of tax.

Answer»

LET the RATE of TAX be x

tax paid=11000-10000

10000*x/100=11000-10000

100x=1000

x=10

rate of tax =10

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