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I paid Rs. 27.20 as sales tax on a watch worth Rs. 340. Find the rate of sales tax.
Answer & Solution
Correct Answer:
Option
A
Rate of sales tax
$$\eqalign{ & = \left( {\frac{{27.20}}{{340}} \times 100} \right)\% \cr & = 8\% \cr} $$
$$\eqalign{ & = \left( {\frac{{27.20}}{{340}} \times 100} \right)\% \cr & = 8\% \cr} $$
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