If the amount of 15 percent of sales tax paid on an article comes to Rs.1500, what is the actual price of the article:

If the amount of 15 percent of sales tax paid on an article comes to Rs.1500, what is the actual price of the article:

  • (A) 1000
  • (B) 1500
  • (C) 10,000
  • (D) 15,500
  • Solution: We are asked to find the actual price of the item when the sales tax of 15%, i.e., Rs. 1500, is charged.
  • Step 1: Let the actual price be P.
  • The tax is 15% of P, i.e., 0.15P.
  • We are given: 0.15P = 1500.
  • Step 2: Now, solve for P.
  • P = 1500 / 0.15 = 10,000.
  • The actual price is 10,000.
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Related MCQs:

 ‘NATO’ is an abbreviation of:

  • (A) North Atlantic Treaty Organization
  • (B) Non-Aligned Treaty Organization
  • (C) Non-Aligned Trading Organization
  • (D) North American Transport Organization

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