Rachel bought a pair of sandals for 900
at 18% GST and a leather bag for 3500
at 28% GST. Calculate the percent of tax
charged on the whole transaction.
Answers
Answer:
Percent of tax charged is,
Step-by-step explanation:
In the question,
The price of a pair of sandals = 900 Rs.
This price includes GST = 18%
The price of Leather bag = 3500 Rs.
This price includes GST = 28%
So,
Let us say the price of the sandals without GST is = x
So,
Therefore, the Price of the sandals without GST = 762.711 Rs.
GST = 137.288 Rs.
Also,
Let us say the price of the Leather bag = y
So,
Therefore, the price of the leather bag without GST = 2734.375 Rs.
GST = 765.625 Rs.
Therefore, the Total tax charged = 137.288 + 765.625 = 902.913 Rs.
So,
The percent of tax charged is given by,
Step-by-step explanation:
In the question,
The price of a pair of sandals = 900 Rs.
This price includes GST = 18%
The price of Leather bag = 3500 Rs.
This price includes GST = 28%
So,
Let us say the price of the sandals without GST is = x
So,
\begin{gathered}x+\frac{18}{100}x=900\\\frac{118x}{100}=900\\x=762.711\ Rs.\end{gathered}
x+
100
18
x=900
100
118x
=900
x=762.711 Rs.
Therefore, the Price of the sandals without GST = 762.711 Rs.
GST = 137.288 Rs.
Also,
Let us say the price of the Leather bag = y
So,
\begin{gathered}y+\frac{28}{100}y=3500\\\frac{128y}{100}=3500\\y=2734.375\ Rs.\end{gathered}
y+
100
28
y=3500
100
128y
=3500
y=2734.375 Rs.
Therefore, the price of the leather bag without GST = 2734.375 Rs.
GST = 765.625 Rs.
Therefore, the Total tax charged = 137.288 + 765.625 = 902.913 Rs.
So,
The percent of tax charged is given by,
\frac{902.913}{4400}\times 100= 20.52\%
4400
902.913
×100=20.52%