Comparison Between Sales Tax and VAT

Q.

The price of sugar fell by $10\%$.If the same amount of money has to be spent on sugar as before, by how much per cent must the consumption be increased?

Q.

Question 63

The buying price of 5 kg of flour with the rate Rs 20 per kg, when 5% sales tax is added on the purchase, is Rs 21.

Q.

A shopkeeper buys a camera at a discount of 20% from a wholesaler. The printed price of the camera is Rs. 1600 and the rate of sales tax is 6%. The shopkeeper sells it to a buyer at the printed price and charges tax at the same rate. Find:

(i) The price paid by the shopkeeper.

(ii) The VAT (Value Added Tax) paid by the shopkeeper.

1. Rs. 1365, Rs. 24.45

2. Rs. 1456, Rs.29.20

3. Rs. 1356.80, Rs.19.20

4. Rs. 1356.80, Rs. 96

Q.

A shopkeeper sells an article at its marked price of ₹ 7500 and charges sales-tax at the rate of 12% from the customer. If the shopkeeper pays a VAT of ₹ 180, calculate the price inclusive of tax paid by the shopkeeper.

1. ₹ 6000

2. ₹ 6500

3. ₹ 7000

4. ₹ 6720

Q.

The cost of a headphone at a shop was Rs.1500. The sales tax charged was 7%. Find the bill amount.

1. Rs. 1556

2. Rs. 1566

3. Rs. 1605

4. Rs. 1234

Q.

_______ is charged on the sale of an item by the government and is added to the bill amount.

Q. A shopkeeper purchased an item of Rs 100 at 8% VAT and sells it at Rs 120 to the customer and customer also pays 8% VAT to the shopkeeper. How much amount did the shopkeeper deposit to the Government as VAT ?

Q.

A manufacturing company M sells a computer to a distributor for ₹ 33, 000 including sales tax. The distributor D sells it to a retailer R for ₹ 35, 000 excluding tax and the retailer sells it to a customer for ₹ 36, 000 plus tax. If the rate of sales tax (under VAT ) is 10 % find

i) the cost price of the computer for the distributor

ii) the amount of tax (under VAT) paid by Retailer

1. i) ₹ 29, 000 ii) ₹ 3500

2. i) ₹ 32, 000 ii) ₹ 3600

3. i) ₹ 30, 000 ii) ₹ 1000

4. i) ₹ 31, 000 ii) ₹ 2500

Q.

A manufacturer produces a good and sells it to a wholesaler at a price of Rs.500 and wholesaler sells it to retailer at a price of Rs.600. The retailer sells it to the customer at a price of Rs.800. If the sales tax charged is $Rs5\%$. Find the total tax charged by the government under VAT.

1. Rs 95

2. Rs 89.20

3. Rs 60

4. Rs 50

Q.

A fruit seller buys fruits from a wholesaler for Rs 1000 and paid sales tax at 10%. He then sells it to the consumer for Rs 1500 and charges the same sales tax. What is the VAT paid by the shopkeeper?

1. Rs 150

2. Rs 50

3. Rs 100

4. Rs 200

Q.

A manufacturer produces an article and sells it to a wholesaler at a price of ₹ 500 and wholesaler sells it to retailer at a price of ₹ 600. The retailer sells it to the customer at a price of ₹ 800. If the sales tax charged is $5\%$. Find the total tax charged by the government under VAT.

1. Rs 95

2. Rs 60

3. Rs 89.20

4. Rs 50

Q.

Leela buys an article for ₹ 12000 and pays 7% tax. She sells the same article for ₹ 15000 and charges 9% tax. Find the VAT paid by Leela

1. ₹ 550

2. ₹ 510

3. ₹ 840

4. ₹ 1350

Q.

Apurva buys a mobile at a discount of $30\%$ from the wholesaler, the printed price of the mobile being ₹ 2000 and the rate of sales tax is $6\%$. Apurva sells it to a buyer at the printed price and charges tax at the same rate. Find the VAT paid by the Apurva .

1. Rs. 36

2. Rs 46

3. Rs. 44

4. Rs 38

Q. M/s. Real Paint’ sold 2 tins of lustre paint and taxable value of each tin is ₹2800. If the rate of GST in 28% then find the amount of CGST and SGST charged in the tax invoice.

Q. Shiva punched a bicycle for rupees1872 includingtax. if the cost price is rupees 1800, find the rate of sale tax

Q.

The list price of an article is Rs.3000. A shopkeeper sells the article to a consumer at the list price and charges sales tax at the prescribed rate 12 % . If the shopkeeper pays a VAT of Rs.60 to the State govt., at which price inclusive of sales tax did the shopkeeper buy the article from the wholesaler?