Kibria went to the swtationers and bought things worth Tk 25 out of which 30 paisa was sales tax on taxable items. If the tax rate is 6% , then what was the cost of the tax free items?
Kibria went to the swtationers and bought things worth Tk 25 out of which 30 paisa was sales tax on taxable items. If the tax rate is 6% , then what was the cost of the tax free items? Correct Answer Tk 19.70
Let the amount taxable payments be Tk. x According to question, 6% of x = 30/100 x = (30/100 ×100/6 x = 5 Cost of tax free items = [ 25 - (5 + . 30)] = tk.19.70