KnowledgeBoat Logo
|

Mathematics

Ramesh paid ₹ 345.60 as tax on a purchase of ₹ 3,840. Find the rate of tax.

Profit, Loss & Discount

15 Likes

Answer

Given:

Sale price = ₹ 3,840

Tax paid = ₹ 345.60

Let rate of tax = x%x\%

⇒x100×₹3,840=₹345.60⇒x=345.60×1003840%⇒x=345603840%⇒x=9%\Rightarrow\dfrac{x}{100} \times ₹ 3,840 = ₹ 345.60\\[1em] \Rightarrow x = \dfrac{345.60 \times 100}{3840}\%\\[1em] \Rightarrow x = \dfrac{34560}{3840}\%\\[1em] \Rightarrow x = 9\%

Hence, the rate of tax = 9%9\%.

Answered By

9 Likes

Related Questions