If the sales tax be reduced from 7/2% to 10/3% then what difference does it make to a person who purchase an article with price of 8400?

#Sales

504 Views

If the sales tax be reduced from 7/2% to 10/3% then what difference does it make to a person who purchase an article with price of 8400?

Dhivya 27th Jul, 2018

Answer

Answer Later

Report

Answer (1)

Ratula 8th Aug, 2018

Hello Dhivya,

It will result in a decrease in price.

Original price: 8400+ (3.5×84)

New price: 8400+ (3.33×84).

Reduction: 3.17×84= Rs. 266.28

Therefore, it will increase his capacity to buy goods.

Like Share

Related Questions

4% sales tax on the sale of an article is Rs 2. What is the amount of sale?

96 Views

I need some detail about sales tax examination

45 Views

how to make career in sales management after completing class 12th with 60 %

95 Views

How does an increase in sales affect operating income?

7 Views

Question : Which of the following sets belongs to central tax?

17 Views

Applications for Admissions are open.

Graphic Era (Deemed to be Uni...

Apply

NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed

JSS University Mysore BBA Adm...

Apply

NAAC A++ Accredited| Ranked #24 in University Category by NIRF

JSS University Noida MBA 2025

Apply

170+ Recruiters Including Samsung, Zomato, LG, Adobe and many more | Highest CTC 47 LPA

Sharda University Admissions ...

Apply

North India's Largest Educational Group | NIRF Ranked 86 | NAAC A+ Grade | Highest Package 1.6 Cr | Scholarships upto 100% | Pay Rs.500 instead of ...

Manav Rachna-MBA Admissions 2025

Apply

41000+ Alumni network | Students from over 20 countries

Globsyn Business School PGDM ...

Apply

Highest CTC: Rs 18.33 LPA | Average CTC: Rs 7.39 LPA | Experiential Learning | Classes by Industry Professionals | Alumni Mentorship Program

View All Application Forms

Trending Articles/News

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students

30,000+ Colleges

500+ Exams

1500+ E-books