Question

You paid $348 online for a bookshelf, which included a 6% sales tax and a 10%...

You paid $348 online for a bookshelf, which included a 6% sales tax and a 10% handling fee. What was the original list price of the bookshelf?

A.$300

B.$230

C.$294

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Answer #1

Gross price paid includes 6% of tax and 10% of handling charges.

Therefore, it includes total of 16% load.

Hence the list price would be excluding this 16% load, ie

$348/116*100

=$300 option A

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