Multiple choice general knowledge math & puzzles

A buys an item for Rs. 600 of which 12% is excise and 4% is sales tax . How much would A pay exclusive of taxes and excise?

  1. 519.82

  2. 521.33

  3. 517.24

  4. 518

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let the base price be P. Total price = P + 0.12P + 0.04P = 1.16P. Given 1.16P = 600, then P = 600 / 1.16 = 517.24. This excludes both the 12% excise and 4% sales tax calculated on the base price.