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.

Answers (1)

Given, 

Cost price of the TV = Rs. 13000

Sales tax at the rate of 12%

\therefore Selling price = CP + Sales Tax = CP + 12% of CP

= 112% of CP =

\frac{112}{100}\times 13000 = Rs. 14560

\therefore Vinod will have to pay Rs. 14,560.

 

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