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1. Kibria went to the swtationers and bought things worth Tk 25 out of which 30 paisa was sales tax on taxable items. If the tax rate is 6% , then what was the cost of the tax free items?
- A. Tk 15
- B. Tk 15
- C. Tk 15
- D. Tk 15
Answer: Option C
Explanation:
Let the amount taxable payments be Tk. x
According to question, 6% of x = 30/100
x = (30/100 ×100/6
x = 5
Cost of tax free items = [ 25 - (5 + . 30)] = tk.19.70
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