If you pay 22.90 dollar for a dvd that includes a 7 per sales tax , what is the price of dvd before sales tax
Answer: 21.40 dollar
Explanation
Let Price before sales Tax is = x
price after slaes Tax is = x + 7% = x + 0.07x= 1.07x
According to Given condition: 1.07x = $22.90
x = 21.40
This question appeared in
Past Papers (2 times)
PPSC Past Papers (1 times)
PPSC Punjab Police Sub Inspector Past Papers (1 times)
This question appeared in
Subjects (2 times)
MATHS MCQS (2 times)
Related MCQs
- Sales price of a sewing machine is Rs. 4248. (Including 16.5% GST). What will be its price without GST?
- The price of a car including 6 percent, sales tax is Rs. 154431.40. What is the market price of the car without tax?
- "Supply" in sales tax includes
- A trader has made a sale of Rs.75,500 out of which cash sales amounted to Rs.25,500. He is of the view that in the Financials Statements for the year, he shall show a sales of Rs 75,500 & trade receivables of Rs.50,000. Which concept is followed by him?
- if the sales price is 672 and the profit is 5%, then the cost price should be---
- A man's monthly income consists of Rs. 5000 plus a commission of 4% on all his sales. Find his total sales for a particular month in which his income was Rs. 12200?
- If the sales tax is reduced from 8% to 6%, then what would be the difference in the price of rs.250 of an item?
- Calculate the gross profit/loss if sales Rs. 60000, cost of sales Rs. 50000, opening stock Rs. 10000; purchases Rs. 40000; wages Rs. 20000, and office rent Rs. 10000.
- A shopkeeper raises the price of a cycle by 5% above the market price and charges 12% saves sales tax on the market price. As a result, a customer has to pay Rs. 4680 for the cycle. What is the market price of the cycle?
- Suppose Austin Sound had sales of $300,000 and sales returns of $45,000. Cost of goods sold was $152,000. How much gross profit did Austin Sound report?