If the sales tax be reduced from 5 (1/3) % to 3 (1/2) %, then what difference does it make to a person who purchases a bag with marked price of Rs. 5000? Choose the correct option:	A) Rs. 156.66	B) Rs. 111.23	C) Rs. 120.66	D) Rs. 91.66	E) None of these
Explanation:   Required difference = (5 (1/3) of Rs. 5000) - (3 (1/2) of Rs. 5000)   = (16/3 – 7/2) % of Rs. 5000   = (11/6) x (1/100) x 5000   = Rs. 91.66   ANSWER Rs. 91.66
<result>D</result>
If the sales tax be reduced from 5 (1/3) % to 3 (1/2) %, then what difference does it make to a person who purchases a bag with marked price of Rs. 5000?