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Sale tax

AABRizni1010y ago
The Net selling price is the amount that the business wishes to achieve. Sir I don't understand this mean? Can u pls explain?
John MoffatJohn MoffatTutor10y ago#1
Have you watched the lectures on sales tax? The gross price includes sales tax, but the business cannot keep the tax - they pay it to the state. So all the business actually ends up with is the net selling price (excluding the sales tax).
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