Multiple choice

Mr Thomas purchased dress materials costing around Rs. 92,650 including the 9% sales tax. From these materials, he designed three types of dresses K, L and M. Excluding the tax, these dresses were sold at Rs. 20,000, Rs. 38,000 and Rs. 42,000. The sales tax rates on these dresses are 4%, 8% and 12% respectively.

What will be the market price of the dress materials?

  1. Rs. 85,000

  2. Rs. 7,650

  3. Rs. 77,857.14

  4. Rs. 7,65,000

  5. Rs. 92,541
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Market price = 92,650 x 100/(100 + 9) = Rs. 85,000

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