You failed to pay service tax payment which due last March. If you were subjected to pay 800 as a penalty at the end of July how much was the unpaid amount? Assume that the rate of interest for delayed payment of service tax is 20%

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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You failed to pay service tax payment which due last March. If you were subjected to pay 800 as a penalty at the end of July how much was the unpaid amount? Assume that the rate of interest for delayed payment of service tax is 20%
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