Multiple choice general knowledge math & puzzles

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

  1. 519.82

  2. 521.33

  3. 517.24

  4. 518.00
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let the base price be P. The total price including 12% excise and 4% sales tax is P * 1.12 * 1.04 = 600 (if taxes are compounded) or P * (1 + 0.12 + 0.04) = 600 (if simple). For simple tax, P = 600 / 1.16 = 517.24, which matches the correct option.

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