Question : While purchasing an item costing Rs. 600, Rashi had to pay sales tax at 5%. What amount did Rashi have to pay as sales tax?
Option 1: Rs. 30
Option 2: Rs. 60
Option 3: Rs. 45
Option 4: Rs. 15
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Correct Answer: Rs. 30
Solution : Tax = Cost of item × Tax rate Given: Cost of item = INR 600 Tax rate = 5% = 0.05 Substituting these values into the formula, Sales Tax = 600 × 0.05 = Rs. 30 Hence, the correct answer is Rs. 30.
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Question : By selling an article at Rs. 425, a shopkeeper had a loss of 15%. At what price should be sell the article to make a profit of 20%?
Option 1: Rs. 800
Option 2: Rs. 1000
Option 3: Rs. 400
Option 4: Rs. 600
Question : A single discount of 50% on an article costing Rs.10000 is better than two successive discounts of 40% and 10% by:
Option 1: Rs. 400
Option 3: Rs. 500
Question : A man sold an item for Rs. 33,750 and incurred a loss of 25%. At what price should he sell the item to have a profit of 25%?
Option 1: Rs. 45,000
Option 2: Rs. 52,450
Option 3: Rs. 40,850
Option 4: Rs. 56,250
Question : After selling the article for Rs. 430, a person had a loss of 14%. For earning a gain of 14% how much amount an article will be sold?
Option 1: Rs. 480
Option 2: Rs. 490
Option 3: Rs. 570
Question : In what ratio must a grocer mix two varieties of sweets costing Rs. 30 and Rs. 20 per kg respectively to get a mixture worth Rs. 25 per kg?
Option 1: $2:3$
Option 2: $1:1$
Option 3: $5:4$
Option 4: $4:5$
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