If the sales tax be reduced from 7/2% to 10/3% then what difference does it make to a person who purchase an article with price of 8400?

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If the sales tax be reduced from 7/2% to 10/3% then what difference does it make to a person who purchase an article with price of 8400?

Dhivya 27th Jul, 2018

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Ratula 8th Aug, 2018

Hello Dhivya,

It will result in a decrease in price.

Original price: 8400+ (3.5×84)

New price: 8400+ (3.33×84).

Reduction: 3.17×84= Rs. 266.28

Therefore, it will increase his capacity to buy goods.

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