The price of a TV is ₹ 13,000. The sales tax charged on it is at the rate of 12%. Find theamount that Vinod will have to pay if he buys it.
Question
The price of a TV is ₹ 13,000. The sales tax charged on it is at the rate of 12%. Find theamount that Vinod will have to pay if he buys it.
Solution
To find the amount that Vinod will have to pay for the TV, we need to calculate the sales tax first.
Step 1: Calculate the sales tax amount Sales tax rate = 12% Price of the TV = ₹ 13,000
Sales tax amount = (Sales tax rate/100) * Price of the TV Sales tax amount = (12/100) * ₹ 13,000 Sales tax amount = ₹ 1,560
Step 2: Calculate the total amount to be paid Total amount = Price of the TV + Sales tax amount Total amount = ₹ 13,000 + ₹ 1,560 Total amount = ₹ 14,560
Therefore, Vinod will have to pay ₹ 14,560 if he buys the TV.
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