If the sales tax be reduced from to , what difference does it make to a person who purchases an article whose marked price is ?
- A
- B
- C
- D
Solution & Step-by-step Explanation
Initial sales tax rate =
Reduced sales tax rate =
Difference in tax rate:
Marked price of the article =
Difference in the amount paid:
Thus, it makes a difference of .
Reduced sales tax rate =
Difference in tax rate:
Marked price of the article =
Difference in the amount paid:
Thus, it makes a difference of .