Exam
Maths Puzzle
Numerical Ability
Percentage
In the state X,the sales tax on FMCG is equal to 10 percent of the amount of the purchase price above 100/-. in state Y,the sales tax on FmCG is equal to 8 percent of the entire purchase price.For what percentage price would the sales tax in both states be equal.?
a)180/-
b)200/-
c)400/-
d)500/-
Read Solution (Total 1)
-
- d) 500/-
Let the price of FMCG item be 'x' Rs.
10% sales tax in the state X on purchase price above 100 Rs. = (x-100)*0.1
8% sales tax in the state Y on entire price=x*0.08
For sales tax in both the states to be equal, (x-100)*0.1=x*0.08
0.1x - 10 = 0.08x
x=10/0.02=500 - 8 years agoHelpfull: Yes(0) No(0)
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