|
75.
|
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?
|
|
A.
|
Rs. 15
|
B.
|
Rs. 15.70
|
|
C.
|
Rs. 19.70
|
D.
|
Rs. 20
|
|
Answer: Option C
Explanation:
Let
the amount taxable purchases be Rs. x.
Cost
of tax free items = Rs. [25 - (5 + 0.30)] = Rs. 19.70