In question, state whether the statement are true (T) or false (F).
Compound interest is the interest calculated on the previous year’s
amount
In question, state whether the statement are true (T) or false (F).
Discount is a reduction given on cost price of an article.
In question, state whether the statement are true (T) or false (F).
Additional expenses made after buying an article are included in
the cost price and are known as Value Added Tax.
In question, state whether the statement are true (T) or false (F).
To calculate the growth of a bacteria if the rate of growth is known,
the formula for calculation of amount in compound interest can be
used.
5% sales tax is charged on an article marked Rs 200 after allowing a
discount of 5%, then the amount payable is _________.
The cost of a tape-recorder is Rs 10,800 inclusive of sales tax charged
at 8%. The price of the tape-recorder before sales tax was charged is
_________.
Abida bought 100 pens at the rate of Rs 3.50 per pen and pays a
sales tax of 4%. The total amount paid by Abida is _________.
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