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Question
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?
Tk.400
Tk. 450
Tk. 500
None these
ANSWER : 4
Descrption
<p>Let,value of item be 100x</p><p>Custom duty=50%</p><p>value of item with custom duty =150x</p><p>Another 20% sales tax duty=150x×20%=30x</p><p>Total custom duty and sales tax= 50+30=80x</p><p>ATQ,</p><p>350/80x × 100x = 437.5 </p><p>Ans: None these</p>
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