Sales Tax and VAT

Q. A tradesman marks his goods at such a price that after allowing a discount of 15%, he makes a profit of 20%. What is the marked price of an article whose cost price is Rs. 170?

Q.

A restaurant charges a VAT of ₹ 210 on a bill of ₹ 1500. Calculate the VAT percentage.

1. 4%

2. 11%

3. 12%

4. 14%

Q.

A retailer buys an article from the wholesaler at ₹80 and the wholesaler charges a sales tax at the prescribed rate of 8% upon it. The retailer fixes the price at ₹100 and charges sales tax at the same rate from the customers. Find the total Sales tax paid in the process.

1. ₹ 15.6

2. ₹ 16.4

3. ₹ 14.4

4. ₹ 16

Q.

What will be the cost of the product in ₹ after adding $10\%$ sales tax on ₹ 400? ___

Q.

A product is updated with 20% VAT after a cost price of ₹ 500. Find the bill to be paid in ___ .

Q. How much will your 15% tip be if a customer at your restaurant has to pay a bill of Rs. 180?

1. Rs 23.25
2. Rs 86.75
3. Rs 36.75
4. Rs 27

Q.

Dinesh bought an article for ₹ 374, which included a discount of $15\%$ on the marked price and GST of $10\%$ on the reduced price. Find the marked price of the article.

1. ₹ 500

2. ₹350

3. ₹ 400

4. ₹ 450

Q. Assuming that the sales tax is 6%, how much sales tax would you pay on a Rs. 500 purchase?

1. Rs. 45
2. Rs. 65
3. Rs. 30
4. Rs.10

Q. A sales tax of 5% is levied on a computer costing Rs. 14000, what is the final cost?

1. Rs 14070
2. Rs 15400
3. Rs 14700
4. Rs 1330

Q.

How much will a dress of Rs. 50 cost, if there is a discount of 20% in a tax-free zone?

1. Rs. 30

2. Rs. 20

3. Rs. 45

4. Rs. 40