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1. Three individuals contributed Tk.8000 each toward the purchase of a computer. If they bought the computer on sale for Tk.19500 plus 10% sales tax, how much money should be refunded to each individual?
- A. Tk.1500
- B. Tk.1500
- C. Tk.1500
- D. Tk.1500
Answer: Option D
Explanation:
Total contribution = 3 x 8000 = 24000 TK
Cost of computer = 19500 + 10% of 19500 = 19500 + 1950 = 21450 TK.
Excess contribution = 24000 - 21450 = 2550 TK.
Refund to each = 2550/3 = 850 TK.
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