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Find the Rate of Sales Tax of the Following Items Whose Marked Price and Sales Tax Are Given Below: - Mathematics

Sum

Find the rate of sales tax of the following items whose marked price and sales tax are given below: 

S.No Item Marked Price Sales Tax
i Shoes Rs. 2,740.00 Rs 137.00 
ii music system Rs. 16,400.00 Rs 2,050.00 
iii vacuum cleaners Rs. 8,325.00 Rs 1,332.00 
iv Digital diary Rs. 3,500.00 Rs 367.50 
v VCD Rs. 27,916.00 Rs 4,047.82 
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Solution

Rate of sales tax = `(100 xx "salestax")/"marked price"`

(i) Sales tax = Rs 137 
Marked Price = Rs 2,740 

r = `(100 xx 137)/(2,740)=5%`

Rate of sales tax = 5% 

(ii) Sales tax = Rs 2,050 
Marked Price = Rs 16,400 

r = `(100 xx 2,050)/(16,400)=12.5%`

Rate of sales tax = 12.5%

(iii) Sales tax = Rs 1,332 
Marked Price = Rs 8,325 

r = `(100 xx 1,332)/(8325)=16%`

Rate of sales tax = 16% 

(iv) Sales tax = Rs 367. 50 
Marked Price = Rs 3,500 

r = `(100 xx 367.50)/(3,500)=(100 xx 36750)/(3,500 xx 100)=10.5%`

Rate of sales tax = 10.5%

(v) Sales tax= Rs 4,047.82 
Marked Price = Rs 27,916 

r = `(100 xx 4,047.82)/(27,916)=(100 xx 4,04,782)/(27,916 xx 100)=14.5%`

Rate of sales tax = 14.5%

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APPEARS IN

Frank ICSE Class 10 Mathematics Part 2
Chapter 2 Sales Tax and Value Added Tax
Exercise 2.1 | Q 2 | Page 34
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