Question

The cost of a ticket is $₹200$ and Evra pays a tax of $₹25$. The tax rate will be .

• A. 8%
• B. 9.5%
• C. 12.5%
• D. 15%

Answer 1

The correct option is C 12.5%

Cost of the ticket = $₹200$.
Evra pays a tax amount of $₹25$.

∴ Tax rate will be
$=\frac{TaxAmount}{CostofTicket}\times 100\%$

$=\frac{25}{200}\times 100\%$

$=12.5\%$

So, tax rate applicable for the ticket is $12.5\%$