Answer:
5/10
Step-by-step explanation:
The cash payment for the article is RS. 2,260.
A discount reduces the price of an item. The article becomes cheaper after the discount.
Cost of the article after the RS. 20 discount = RS. 2020 - 20 = RS 2000
VAT means value added tax. VAT increases the price of an item. The cost of the article increases by 13% after the VAT is levied,
Cost of the article = (100 + 13%) x 2000
1.13 x 2000 = RS 2,260.
To learn more about taxes, please check: brainly.com/question/25311567
Answer:
Step-by-step explanation:
a. Money held by individuals in savings accounts is part of the M2 money supply, but not part ofthe M1 money supply. Therefore, when Jane withdraws $500 cash from her savings account,the M1 money supply increases by $500. However, the M2 money supply does not changebecause the M1 money supply is included as part of the M2 money supply.b. Money held by banks and governments is not included as part of the money supply. Therefore,when Jane uses $300 to pay her income tax to the U.S. Treasury, that total of $300 is taken out ofboth the M1 and M2 money supplies. When Jane deposits the remaining cash ($80) into hersavings account, the M1 money supply is reduced by that amount, but it does not affect the M2money supply. Therefore, Jane's actions cause the M2 money supply to change by $300 (theamount used to pay her taxes) and the M1 money supply to change by $380 (the amount used topay her taxes plus the amount that was deposited into her savings account). Note that it does notmatter that Jane no longer has the $120 she used to pay for the gold clubs, as the funds remainsin someone else's checking account. So this amount is neither removed from the M1 moneysupply nor the M2 money supply.NumericResponseDifficulty: 03 HardLearning Objective: 1402 List anddescribe the components of the U.S.money supply.5000380300References
Answer:
$13.6
Step-by-step explanation:
Jane bought 3 CDs that were each the same price. So let the price of each CD be ‘x’.
It is given that including sales tax, she paid a total of $45.30.
Also each CD had a tax of $1.50. We need to find out what the price of each CD was before tax.
Since the tax for all 3 CDs was same, the total amount of tax that she paid was:
3 * 1.50 = 4.50
Therefore the total tax on 3 CDs is $4.50
Since we already know the total price she paid for the CDs including taxes, we can find the price of each CD by the following way:
3x + 4.50 = 45.30
3x = 45.30 - 4.50
3x = 40.8
x = 13.6
Therefore the price of each CD before tax is $13.6.
