A day full of math games & activities. Find one near you.
A day full of math games & activities. Find one near you.
A day full of math games & activities. Find one near you.
A day full of math games & activities. Find one near you.
Sales tax is always calculated on the cost price of an item and is added to the value of the bill. Is the following statement true or false
Solution:
The statement is False.
The sales tax is always calculated on the sales price or the purchase price.
✦ Try this: What will be the value of the bill if the customer purchases 500 gms of butter which is priced at Rs. 120 and carries a sales tax of 5%.
Sales Price = Rs. 120
Customer Pays/Value of the bill = Rs. 120 + 5% × 120
= Rs. 120 + Rs. 6
= Rs. 126
☛ Also Check: NCERT Solutions for Class 8 Maths Chapter 8
NCERT Exemplar Class 8 Maths Chapter 9 Problem 65
Sales tax is always calculated on the cost price of an item and is added to the value of the bill. Is the following statement true or false
Summary:
Sales tax is always calculated on the cost price of an item and is added to the value of the bill is a False statement.
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