Answer :

Given: Taxable Amount = ₹ 2,50,000, Actual sales tax = 12%, Charged sales tax = 21%


Excess amount charged = 9% of 2,50,000


Excess amount charged =


Now, for interest:


P = ₹ 22500, R = 12%per annum, time = 8 months


Simple Interest =


Interest on Excess Amount =


Amount Received by consumer = ₹22500 + ₹1800 = ₹24300


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