8 The price of a TV is Rs 13,000. The sales tax charged on it is at the rate of 12%. Find the amount that Vinod will have to pay if he buys it.
Given,
Cost price of the TV = Rs. 13000
Sales tax at the rate of 12%
Selling price = CP + Sales Tax = CP + 12% of CP
= 112% of CP =
Vinod will have to pay Rs. 14,560.