A passenger paid 50% customs duty on accompanied baggage items. He paid another 20% sales tax on the total value of the items plus the custom duty paid. The total custom duty and sales tax is Tk. 350. what is the value of the item custom duty and sales tax?
Created: 1 year ago |
Updated: 2 months ago
best des
Let,value of item be 100x
Custom duty=50%
value of item with custom duty =150x
Another 20% sales tax duty=150x×20%=30x
Total custom duty and sales tax= 50+30=80x
ATQ,
350/80x × 100x = 437.5
Ans: None these
50% customs duty on accompanied baggage items. another 20% sales tax on the total value of the items .
total = (50 + 20)= 70%
so,
70%= 350;
1 % = 350/70
100 = (350*100)/70 = 500. Ans.
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