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QIf the sales tax reduced from 3 1/2 % to 3 1/3%, then what difference does it make to a person who purchases an article with market price of Rs. 8400 ?
ID: #4486
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Required difference = [3 ½ % of Rs.8400] – [3 1/3 % of Rs.8400] = [(7/20-(10/3)]% of Rs.8400 =1/6 % of Rs.8400 = Rs. [(1/6)8(1/100)*8400] = Rs. 14
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