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

15%

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12%

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10%

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20%

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Solution

The correct option is C
10%

SP of article = ₹ 650

Price including tax = ₹ 715

Tax = ₹ 715 - ₹ 650 = ₹ 65

$∴$ Tax % = $\frac{65}{650} \times$ 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 C 10% SP of article = ₹ 650 Price including tax = ₹ 715 Tax = ₹ 715 - ₹ 650 = ₹ 65 ∴ Tax % = 65650×100 = 10%

The correct option is C
10%

SP of article = ₹ 650

Price including tax = ₹ 715

Tax = ₹ 715 - ₹ 650 = ₹ 65

$∴$ Tax % = $\frac{65}{650} \times$ 100 = 10%