Question

Problem Description - 1/15
Julian went to the market and bought fish worth Rs. 30 out of which 50 paisa were spent as sales tax
What is the cost of tax-free items if the tax rate is 5%?
[Note: Choose the option that coincides to the nearest integer]​

Answer 1

Answer:

30 rs fish including 0.5 rs

tax

so 30-0.5= 29.5

the answer would be 30rs

Answer 2

Answer:

Concept: this question is solved by doing backward calculation with respect to  the paisa spent on the sales tax.

Given: Julian went to the market and bought fish worth Rs. 30 out of which 50 paisa were spent as sales tax

To find: What is the cost of tax-free items if the tax rate is 5%

Step-by-step explanation:

question given that  the fish is worth of rs30  out of which  50 paisa is spent in sales tax.

it means that the sales tax is included in the worth of fish given.

so,  if the tax rate is 5% , the fish is worth of 105%  and we have to find out the worth of 100%.

now, if we apply the unitary method, we can find the 100% worth.

hence, $cost =\frac{30}{105} *100$

or,  the cost is $28.57$.

therefore, the cost is  $28.57$

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