.
Rahul
went to a shop and bought things worth Rs. 25, out of which 30 Paise went on sales
tax on taxable purchases. If the tax rate was 6%, then what was the cost of the tax free items?
A. Rs. 15
B. Rs. 12.10
C. Rs. 19.70
D. Rs. 16.80
Answers
Answered by
1
Answer......
C is correct
C is correct
Answered by
1
Answer:
Step-by-step explanation:
Explanation:
Solution 1
Total cost of the items he purchased = Rs.25
Total tax incurred = 30 paise = Rs.30100
Let the cost of the tax free items =x
Given that tax rate = 6%
∴(25−30100−x)6100=30100
=>6(25−0.3−x)=30
=>(25−0.3−x)=5
=>x=25−0.3−5=19.7
Solution 2
tax = 30 paise = Rs.0.3
tax is 6%.
i.e., Rs.0.3 is 6% of the taxable item.
Therefore, cost of taxable item =0.3×1006=5
cost of the tax free items =25−(0.3+5)=19.7
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