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The sumof the pre-tax costs of items A ans item B is Tk. 300. In dhaka, each item would be charged a flat 7% tax. In Rangpur item A is subject to 5% tax and item b is subject to 10% tax. If the tax in Rangpur on the purchase of both items is exactly Tk 3 more than it is in Dhaka, than what is the pre - tax price of item A?
A
120
B
209
C
300
D
320
Correct Answer:
120
Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.
Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does notaccord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that isconcerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to thinkof price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normalin all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixingthat it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competingfor the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for morethan its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with fullconsideration of the needs that it has in common with the other large firms competing for the same customers. Selling a commodity at a price that is not more than that charged by competitors is -
A
rejected by the free market system
B
opposed by the advocates of the free market theories
C
considered suspicious by the free market theorists
D
recognized by the advocates of the free market theories
Marked price of an item is Rs 300. On purchase of 2 items discount is 24%, on purchase of 5 items discount is 38%. Rachna buys 7 items, what is theeffective discount?
A
17.5 percent
B
20.4 percent
C
34 percent
D
12.8 percent
Which of the following components are true about tax planning?
1. Tax planning is the process of analyzing a financial plan or a situation from a tax perspective.
2. The objective of tax planning is to make sure there is tax efficiency. With the help of tax planning, one can ensure that all elements of a financial plan can function together with maximum tax-efficiency.
3. Reducing tax liability and increasing the ability to make contributions towards retirement plans are critical for success.
4. Tax planning comprises various considerations such as size, the timing of income, timing of purchases, and planning are concerned with other kinds of expenditures.
5. The chosen investments and the various retirement plans should go hand-in-hand with the tax filing status as well as the deductions in order to create the best possible outcome.
A
1, 2 and 3
B
2, 3 and 4
C
3, 4 and 5
D
All of the above
During a sale, a salesperson was putting a new price tag on each item. On one shirt, he accidentally raised the price by 15% instead of lowering the price by 15%. As a result the price on the tag was Tk. 60 higher than the price that would have been the discounted price. What was the original price of the shirt?
A
Tk. 220
B
Tk. 250
C
Tk. 150
D
Tk. 200
Marked price of an item is Rs 500. On purchase of 2 items discount is 8%, on purchase of 3 items discount is 16%. Radha buys 5 items, what is theeffective discount?
A
20.4 percent
B
23.25 percent
C
12.8 percent
D
35 percent
Marked price of an item is Rs 900. On purchase of 2 items discount is 16%, on purchase of 5 items discount is 44%. Raksha buys 7 items, what is theeffective discount?
A
10 percent
B
16 percent
C
36 percent
D
9.6 percent
Marked price of an item is Rs 900. On purchase of 2 items discount is 6%, on purchase of 3 items discount is 12%. Rajani buys 5 items, what is theeffective discount?
A
17.5 percent
B
9.6 percent
C
35 percent
D
37 percent
The price of a pen is 25% more than the price of a book . The Price of a pen holder is 50% more than the price of the book. How much is the price of the pen holder more than the price of the pen?
A
50%
B
25%
C
20%
D
37.5
The price of a pen is 25% more than the price of a book. The price of a pen holder is 50% more than the price of the book. How much is the price of the pen holder more than the price of the pen?
A
20%
B
25%
C
50%
D
37.5%
The price of a pen is 25% more than the price of a book. The price of a fan holder is 50% more than the price of the book. How much is the price of the pen holder more than the price of the pen?
A
20 %
B
25%
C
35%
D
15%