
Ques:- An individual pays 30% income tax. On this tax he has to pay a surcharge of 10%. Thus the net tax rate, he has to pay is
A. 27%
B. 33%
C. 40%
D. 45%
Ques:- In what ratio must a grocer mix two varieties of tea worth Rs. 60 a kg and Rs. 65 a kg so that by selling the mixture at Rs. 68.20 a kg he may gain 10%?
A. 3 : 1
B. 3 : 2
C. 3 : 4
D. 4 : 5
Ques:- Some persons decide to raise Rs. 3 lakhs by equal contribution from each of them. If they contributed Rs. 50 extra each, the contribution increased to Rs. 3.25 lakhs. How many persons were there ?
A. 400
B. 500
C. 600
D. 700
E. None of these
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