Sales Tax and Value Added Tax
Trending Questions
Q. A TV set was bought for ₹26, 250 including 5% VAT. The original price of the TV set is _____.
- ₹27, 562.50
- ₹24, 937.50
- ₹26, 245
- ₹25, 000
Q.
A shopkeeper buys an article at a rebate of 30% on the printed price(Marked Price). He spends ₹ 40 on transportation of the article. After charging sales tax at the rate of 7% on the printed price, he sells the article for ₹ 856. Find his profit percentage.
4212%
3913%
3918%
4223%
Q.
Sales tax is levied on ____.
Cost Price
Selling Price
Marked Price
Discount
Q.
John bought a plane ticket for $150. How much does John pay overall if tax rate is 10%?
$175
$165
$160.25
$170
Q. Find the original price of the table if the bill amount is ₹2200 and the VAT imposed on it is 10%.
- ₹ 2000
- ₹ 1500
- ₹ 1800
- ₹ 2100
Q. The cost of a refrigerator is ₹ 6000 and the sales tax charged is 9%. Find the bill amount.
- ₹ 6540
- ₹ 8540
- ₹ 7640
- ₹ 8240
Q. Vikash buys a refrigerator at a discount of 20% on the marked price. He spends ₹ 50 on maintenance. If he sells it for ₹ 2100 inclusive of sales tax @ 5% on marked price, then calculate his profit.
- 12.81%
- 21.21%
- 17.89%
- 29.29%
Q. If the tax on a ₹ 100 article is 20%, then what is the final cost of the purchase?
- ₹122
- ₹ 124
- ₹ 120
- ₹ 160
Q.
A family went to a restaurant for dinner. The bill amounting ₹ 3000 was handed which was not inclusive of the 4% value added tax (VAT). The new bill would be:
Rs 3120
Rs 3300
Rs 3395
Rs 3595
Q. The cost of a shirt bought from the mall is ₹ 1500 and the sales tax charged is 15%. Find the bill amount.
- ₹ 1525
- ₹ 1725
- ₹ 2225
- ₹ 1925