Latest Exam Aptitude Question SOLUTION: In the state X,the sales tax on FMCG is equal to 10 percent of the amount of the purchase price above 100/-. in state Y,the sales tax on FmCG is equal to 8 percent of the entire pu

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(#M40156375) EXAM Numerical Ability question Keep an EYE

In the state X,the sales tax on FMCG is equal to 10 percent of the amount of the purchase price above 100/-. in state Y,the sales tax on FmCG is equal to 8 percent of the entire purchase price.For what percentage price would the sales tax in both states be equal.?

a)180/-
b)200/-
c)400/-
d)500/-

Asked In Exam Divya (8 years ago)

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Devendra Marghade  (8 years ago)

d) 500/-

Let the price of FMCG item be 'x' Rs.
10% sales tax in the state X on purchase price above 100 Rs. = (x-100)*0.1
8% sales tax in the state Y on entire price=x*0.08
For sales tax in both the states to be equal, (x-100)*0.1=x*0.08
0.1x - 10 = 0.08x
x=10/0.02=500

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