Question

if the price of an article is without tax is ₹ 800, and the price with tax is ₹ 860 the sales tax rate is_____________

Answer 1

9514 1404 393

Answer:

7.5%

Explanation:

The tax as a proportion of the selling price is ...

₹(860 -800)/₹800 = 60/800 = 0.075 = 7.5%