BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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You are buying a new purse and it is priced at $127.00. If the purse is listed as 20% off but has an additional 5.5% sales tax added on at the end. How much will you pay for the purse?
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$107.19
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$94.62
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$159.39
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$$96.01
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Explanation:
Detailed explanation-1: -We calculate tax on a product by multiplying the tax rate with the product’s net selling price.
Detailed explanation-2: -Expert-Verified Answer The rate of sale tax is 4%.
Detailed explanation-3: -The cost of a book marked at Rs 190 after paying a sales tax of 2% is Rs 192. Is the following statement true or false. Hence the statement is False.
There is 1 question to complete.