13. Gauri went to the stationers and bought things worth Rs. 25, out of which 30...
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13. Gauri went to the stationers and bought things worth Rs. 25, out of which 30 paise went on sales tax on taxable purchases. If the tax rate was 6%, then what was the cost of the tax free items? A. Rs. 15 B. Rs. 15.70 C. Rs. 19.70 D. Rs. 20 13. Gauri went to the stationers and bought things worth Rs. 25, out of which 30 paise went on sales tax on taxable purchases. If the tax rate was 6%, then what was the cost of the tax free items? A. Rs. 15 B. Rs. 15.70 C. Rs. 19.70 D. Rs. 20
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Answer D Rs 20 The cost of the taxable purchases was Rs 25 minus the 30 pa... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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