InterviewSolution
Saved Bookmarks
| 1. |
Gauri went to the stationers 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? |
| Answer» Let the amount taxable purchases be Rs. x. Then, 6% of x = 30 100 x = 30 x 100 = 5. 100 6 Cost of tax free items = Rs. [25 - (5 + 0.30)] = Rs. 19.70 | |