The buying price of 5 kg of flour with the rate Rs 20 per kg, when 5% ST is added on the purchase is Rs 21. Is the following statement true or false

Solution:

Price of 5 kg of flour = Rs. 20/Kg

Sales Tax @ 5% is calculated on the buying price

Sales Tax = 5% × 20 = Rs. 1

The Buying Price = Rs. 20 + Rs. 1 = Rs. 21

The statement is True.

✦ Try this: The buying price of 5 kg of flour with the rate Rs 25 per kg, when 8% ST is added on the purchase is Rs ______?

Price of 5 kg of flour = Rs. 25/Kg

Sales Tax @ 8% is calculated on the buying price

Sales Tax = 5% × 25 = Rs. 2

The Buying Price = Rs. 25 + Rs. 2 = Rs. 27

☛ Also Check: NCERT Solutions for Class 8 Maths Chapter 8

NCERT Exemplar Class 8 Maths Chapter 9 Problem 63

The buying price of 5 kg of flour with the rate Rs 20 per kg, when 5% ST is added on the purchase is Rs 21. Is the following statement true or false

Summary:

“The buying price of 5 kg of flour with the rate Rs 20 per kg, when 5% ST is added on the  purchase is Rs 21” is a True statement

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