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Mandy sells goods worth $25,500 inclusive of sales tax and buys goods for $18,100 excluding sales tax. Relevant rate of Sales tax is 17.5% on the listed price. Calculate how much does Mandy has to pay the tax authorities in respect of these two transactions?
Hi sir , the answer in the above question according to the book is 630, but am getting a figure higher than that.
please helpI have eventually figured where i was getting it wrong after going through your notes again.
thanks sir
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