Sonu bought a short listed at Rs 850 for Rs892. 50 after paying tax. w

1.	Sonu bought a short listed at Rs 850 for Rs892. 50 after paying tax. what is the rate of tax?
Answer» ANSWER: Rate of tax is 5% Step-by-step EXPLANATION: The list price of the item = RS 850 After Paying tax = Rs 892. 50 Tax = Rs (892. 50- 850) = 42.50 Now, let the x% is the rate of tax 42.50 = x% of 850 42.50 = (x/100) 850 42.50 = x85/10 42.50*10/85 = x 425/85 = x x= 5% The rate of tax is 5%

Sonu bought a short listed at Rs 850 for Rs892. 50 after paying tax. what is the rate of tax?

Answer»

Rate of tax is 5%

Step-by-step EXPLANATION:

The list price of the item = RS 850

After Paying tax = Rs 892. 50

Tax = Rs (892. 50- 850)

= 42.50

Now, let the x% is the rate of tax

42.50 = x% of 850

42.50 = (x/100) *850

42.50 = x*85/10

42.50*10/85 = x

425/85 = x

x= 5%

The rate of tax is 5%