MCQ
Which of the following statement is true?
- ASales tax is always calculated on the cost price of an item and is added to the value of the bill
- ✓Sales tax is always calculated on the selling price of an item and is added to the value of the bill
- CSales tax is always calculated on the cost price of an item and is subtracted from the value of the bill.
- DSales tax is always calculated on the selling price of an item and is subtracted from the value of the bill.