Management Aptitude Test Dec 2012 Paper

Question : 87 of 200

Marks: +1, -0

Gauri went to the stationers and bought items worth ₹ 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?

₹ 15
₹ 15.70
₹ 19.70
₹ 20

Validate

Solution:

(d) Let cost of the tax free items be x
Then 6% of x = 30 paise
x =

30/6

x 100 paise = 500 paise= ₹ 5
∴ Cost of tax free items is
25 - 5 = ₹ 20

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