Mr. Sharma purchased an article for ₹715 including tax. If the SP excluding tax is ₹ 650, find the tax %.

15%

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10%

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12%

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20%

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Solution

The correct option is B 10%
SP of article = ₹650
Price including tax = ₹715
Tax = Price including tax – SP = ₹715 - ₹650 = ₹65
Therefore, Tax % = $\frac{t a x}{S P} \times 100 = \frac{65}{650} \times 100 = 10 %$

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Mr. Sharma purchased an article for ₹715 including tax. If the SP excluding tax is ₹ 650, find the tax %.

The correct option is B 10%SP of article = ₹650 Price including tax = ₹715 Tax = Price including tax – SP = ₹715 - ₹650 = ₹65 Therefore, Tax % = taxSP×100=65650×100=10%

The correct option is B 10%
SP of article = ₹650
Price including tax = ₹715
Tax = Price including tax – SP = ₹715 - ₹650 = ₹65
Therefore, Tax % = $\frac{t a x}{S P} \times 100 = \frac{65}{650} \times 100 = 10 %$