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Question
The cost of a book marked at Rs 190 after paying a sales tax of 2% is Rs 192.
Options
True
False
Solution
This statement is False.
Explanation:
Marked price of a book = Rs. 190
Sales tax = 2%
The cost price of the book after 2% sales tax = `190 + 2/100 xx 190`
= `190 + 190/50`
= 190 + 3.8
= Rs. 193.8
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