A sofa costs ₹24,000 before tax. What is the percentage of sales tax charged, if the sales tax on it is ₹1,200?
Answer & explanation
Correct answer: option 1
Required percentage = \(\frac{1200}{24000}\) × 100 = 5%
A sofa costs ₹24,000 before tax. What is the percentage of sales tax charged, if the sales tax on it is ₹1,200?
Correct answer: option 1
Required percentage = \(\frac{1200}{24000}\) × 100 = 5%