The list price of a pair of shoes is Rs. 450. If Amit paid Rs. 45 as dales tax for it, find the rate of sales tax.

15%

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10%

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18%

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20%

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Solution

The correct option is B
10%

Since, sales tax is paid on the list price.

Rate of sales tax = $((\frac{S a l e s t a x}{S a l e p r i c e}) \times 100) % = (\frac{45}{450} \times 100) % = 10 %$

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