A shopkeeper purchased a sack of rice in Rs. 6890 and he paid 4% tax on it. Now shopkeeper sold that sack of rice in Rs. 7900 and charges tax 6% on it. Find the value added tac on it?
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Answer:
A shopkeeper purchased a sack of rice in Rs. 6890 and he paid 4% tax on it. Now shopkeeper sold that sack of rice in Rs. 7900 and charges tax 6% on it. Find the value added tac on it Rs. 198.4.
