Answer:
The tax amount is 15.17$
The tax rate is 12.4%.
Step-by-step explanation:
First we subtract the cost from the selling price.
137.17 - 122 = 15.17
We have found the tax amount, now for the tax rate.
If tax rate is x, then
122 * x = 137.17
Divide both sides by 122 to get
x = 137.17/122 = 1.124, or .124.
Then convert into percentage by moving the decimal to the right 2 times.
.124 = 12.4%
Hope this helps you
Answer:
-4
Step-by-step explanation:
I got it wrong and it showed me the answer.
3.125 as a fraction is 25/8
The sum is of n and 14 can be written as:
n+14=72
Answer: Rs. 11,520
Step-by-step explanation:
As the method of compounding is not stated, the default of simple interest will be used.
Simple interest is a fixed amount that is paid over the course of the loan and is based on the original amount borrowed.
Formula is:
Amount owed = Amount borrowed * ( 1 + rate * time)
= 8,000 * ( 1 + 8% * 5.5 years)
= 8,000 * 1.44
= rs 11,520
