Aptitude - Percentage - Discussion
Discussion Forum : Percentage - General Questions (Q.No. 13)
13.
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: Option
Explanation:
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
Discussion:
101 comments Page 5 of 11.
Jay said:
1 decade ago
@Scarlet.
Lets consider x is CP of chair and 400-x is CP of Table
(x*90/100)+((400-x)*110/100) = 400 *105/100.
Solve the above equation u vl get x=100.
So chair cost is 100.
Lets consider x is CP of chair and 400-x is CP of Table
(x*90/100)+((400-x)*110/100) = 400 *105/100.
Solve the above equation u vl get x=100.
So chair cost is 100.
Rohit jadaun said:
1 decade ago
Let x be the cost on which we are applying tax.
Then x*5/100=30/100 (30 paisa is now 30/100 rs).
x=5rs, on which we give tax.
And the tax is 0. 30rs.
So the total amount deducted will be 25- (5+0. 30) =19. 70.
Then x*5/100=30/100 (30 paisa is now 30/100 rs).
x=5rs, on which we give tax.
And the tax is 0. 30rs.
So the total amount deducted will be 25- (5+0. 30) =19. 70.
Naresh said:
1 decade ago
Let the amount taxable purchases be Rs. N.
Then, 6% of N =30/100
6/100 *N = 30/100 , then N=5.
Now we have to take the tax on 5Rs i.e.. 6%of 5.
That equals to , = (6/100)*5 = 0.30.
Therefore Cost of tax free items = Rs. [25 - (5 + 0.30)] = Rs. 19.70.
Then, 6% of N =30/100
6/100 *N = 30/100 , then N=5.
Now we have to take the tax on 5Rs i.e.. 6%of 5.
That equals to , = (6/100)*5 = 0.30.
Therefore Cost of tax free items = Rs. [25 - (5 + 0.30)] = Rs. 19.70.
Sunny said:
1 decade ago
Amount of which item purchased = Rs.25.
Some portion of amount comes under taxable amount...let it be X.
Total amount given = tax free amount + taxable amount + sales tax on taxable amount.
It is clearly mention in the question that, sales tax is on taxable amount.
Therefore, 6%(taxable amount) = 30/100.
Taxable amount = Rs. 5.
Sales tax= Rs. 0.30.
Total tax free amount= Rs. 19.70 i.e.(25-5.30).
Some portion of amount comes under taxable amount...let it be X.
Total amount given = tax free amount + taxable amount + sales tax on taxable amount.
It is clearly mention in the question that, sales tax is on taxable amount.
Therefore, 6%(taxable amount) = 30/100.
Taxable amount = Rs. 5.
Sales tax= Rs. 0.30.
Total tax free amount= Rs. 19.70 i.e.(25-5.30).
Vinod Anand said:
1 decade ago
Bought things worth = Rs. 25.00.
Than 25 = 30*100/6.
=500/25 = 20.
When .30 paise went on sales tax on taxable purchases.
Than = 20-0.30 = 19.70 , Option (C).
or
6% of X = 30/100 ( when .30 Paisa = Rs.30/100).
Than x = 30*100/6*100 = 5.
Hence Rs. [25 - (5+.30)].
= 19.70 ,Option (C).
Than 25 = 30*100/6.
=500/25 = 20.
When .30 paise went on sales tax on taxable purchases.
Than = 20-0.30 = 19.70 , Option (C).
or
6% of X = 30/100 ( when .30 Paisa = Rs.30/100).
Than x = 30*100/6*100 = 5.
Hence Rs. [25 - (5+.30)].
= 19.70 ,Option (C).
Mahindra Timsina said:
1 decade ago
It is like this:
Total amount available for purchase after tax is (25-0.3) Rs 24.7.
Let taxable purchase be x.
Now, 0.06x =0.3 and x = 5 (taxable purchase).
Now tax free purchase will be 24.7-5 which is equal to Rs 19.70.
Hope it is clear. Cheers!
Total amount available for purchase after tax is (25-0.3) Rs 24.7.
Let taxable purchase be x.
Now, 0.06x =0.3 and x = 5 (taxable purchase).
Now tax free purchase will be 24.7-5 which is equal to Rs 19.70.
Hope it is clear. Cheers!
Swaminathan Vembu said:
1 decade ago
If x is the total value of the amount paid.
Then 6 Percent of x = 30 paise as per the given data.
This implies 6/100 * x = 30 / 100 Rs.
Therefore x = 5Rs.
Adding 0.3 to 5 = 5.3 Rs = Total sales tax on all purchases.
Cost of all item (taxable + Non Taxable) = 25Rs.
Therefore amount paid on Non Taxable Items = 25-5.3 = 19.7Rs.
Then 6 Percent of x = 30 paise as per the given data.
This implies 6/100 * x = 30 / 100 Rs.
Therefore x = 5Rs.
Adding 0.3 to 5 = 5.3 Rs = Total sales tax on all purchases.
Cost of all item (taxable + Non Taxable) = 25Rs.
Therefore amount paid on Non Taxable Items = 25-5.3 = 19.7Rs.
Kondareddy said:
1 decade ago
6% is equal to 30 paise.
60% is equal to 300 p.
90% is equal to 450 p.
Remaining is 10% ok in 10 % (6 % is 30 p) so remaining is 4%
4% is equal to 20 p.
Now we add all paisas 450+30+20 = 500 paisa it is equal to 5 rupees ok.
So tax rate is 5 now we subtract it from original price 25-5 = 20.
From 20 we subtract basic tax is 20 - 0.30 = 19.7 rupees.
60% is equal to 300 p.
90% is equal to 450 p.
Remaining is 10% ok in 10 % (6 % is 30 p) so remaining is 4%
4% is equal to 20 p.
Now we add all paisas 450+30+20 = 500 paisa it is equal to 5 rupees ok.
So tax rate is 5 now we subtract it from original price 25-5 = 20.
From 20 we subtract basic tax is 20 - 0.30 = 19.7 rupees.
Santi bishnu said:
1 decade ago
What is the meaning of purchasable tax? This word confused me.
Khan said:
1 decade ago
Total tax = 30 paisa = 0.3 rupees.
Amount for which this tax is imposed, can be calculated as:
If tax is 6 rupees then amount = 100.
If tax is 1 rs then amount = 100/6.
If tax is 0.30 rs then amount = 100/6*0.30 = 5.
Now tax free amount = 25-(5+0.30) = 19.70.
Note, we added 0.30 in 5 to find the total amount along with tax and then subtracted from 25 to get tax free amount.
Amount for which this tax is imposed, can be calculated as:
If tax is 6 rupees then amount = 100.
If tax is 1 rs then amount = 100/6.
If tax is 0.30 rs then amount = 100/6*0.30 = 5.
Now tax free amount = 25-(5+0.30) = 19.70.
Note, we added 0.30 in 5 to find the total amount along with tax and then subtracted from 25 to get tax free amount.
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