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In a restaurant, a service tax of 8% is levied on a bill of $150. What
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31 Mar 2023, 00:07
31 Mar 2023, 00:07
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Question Stats:
76% (00:41) correct
23% (01:25) wrong based on 13 sessions
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In a restaurant, a service tax of 8% is levied on a bill of $150. What is the total amount to be paid including the service tax? (in dollars)
151.2
158
160
161.2
162
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151.2
158
160
161.2
162
Post A Detailed Correct Solution For The Above Questions And Get A Kudos.
Question From Our Project: Free GRE Prep Club Tests in Exchange for 20 Kudos
\(\Longrightarrow\) GRE - Quant Daily Topic-wise Challenge
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Re: In a restaurant, a service tax of 8% is levied on a bill of $150. What
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12 Apr 2023, 20:35
12 Apr 2023, 20:35
1
Expert Reply
The total amount to be paid, including the service tax of 8%, can be calculated as follows:
Service Tax = Bill Amount x Service Tax Rate
Service Tax = $150 x 0.08
Service Tax = $12
Total Amount to be Paid = Bill Amount + Service Tax
Total Amount to be Paid = $150 + $12
Total Amount to be Paid = $162
Therefore, the correct answer is option (e) $162.
Service Tax = Bill Amount x Service Tax Rate
Service Tax = $150 x 0.08
Service Tax = $12
Total Amount to be Paid = Bill Amount + Service Tax
Total Amount to be Paid = $150 + $12
Total Amount to be Paid = $162
Therefore, the correct answer is option (e) $162.
gmatclubot
Re: In a restaurant, a service tax of 8% is levied on a bill of $150. What [#permalink]
12 Apr 2023, 20:35
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