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A Samsung plasma T.V. is priced in the showroom at $68,000$. The sales tax on it is $14,960$. Find the rate of sales tax

Given

Price of Samsung plasma T.V. in the showroom = ₹$68,000$

Sales tax = ₹$14,960$

Calculation,

Rate of sales tax = ($100\times $Sale tax)/marked price

= $\left( 100\times 14,960 \right)/68,000$

=$22%$

$\therefore $ Rate of sales tax is $22%$