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The price of a TV, inclusive of sales of...

The price of a TV, inclusive of sales of 12%, is Rs. 15,680. If the sales tax rate is increased to 14%, then what additional amount of money a customer should pay for it ? (in Rs.)

A

280

B

240

C

260

D

300

Text Solution

Verified by Experts

The correct Answer is:
A
Let the list price of the TV be Rs.
Sales tax `=Rs. (12)/(100)x=15,680`
`x=(15680)/(1.12)=14,000`
Additional amount to be paid (in Rs.) =(14-12)% of x=2% of 14,000=Rs. 280.
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