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If the sales tax be reduced from 3 1/2 %...

If the sales tax be reduced from 3 `1/2` % to 3 `1/3`%, what difference does it make to a person who purchases an article whose marked price is 8.400?

A

20

B

15

C

14

D

10

Text Solution

Verified by Experts

The correct Answer is:
C
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Knowledge Check

  • If the sales tax on a television set increases from 7 1/2 % to 8%.what more amount will have to be paid for the television whose price (excluding sales taxes) is 19000 ?

    A
    190
    B
    95
    C
    180
    D
    90

  • Ranjit purchased a refrigerator for the price of Rs. 8910 which includes 10% rebate on marked price and 10% sales tax on the remaining price. If the sales tax is increased to 20% without allowing the 10% rebate on the market price, how much more will the customer pay for a refrigerator ?

    A
    Rs.1850
    B
    Rs.1890
    C
    Rs.1860
    D
    Rs.1840

  • By selling an article at 2/3 of the marked price, there is a loss of 10%. The profit percent, when the article is sold at the marked price, is

    A
    0.2
    B
    0.3
    C
    0.35
    D
    0.4

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    Even after reducing the marked price of a pen by Rs 32, a shopkeeper makes a profit of 15%. If the cost price be Rs 320, what percentage of profit does he make it he sells the pen at the marked price?

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    Amish sold an article at two -thirds of the marked price and suffered a loss of 16.(2)/(3)% .Find the percentage of profit if he sold the article at the marked price.

    A shopkeeper allows a discount of 10% on the marked price of an item but charges a sales tax of 8% on the discounted price. If the customers pays Rs 3,402 as the price including the sales tax, then the marked price is

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