Sales Tax

Q.

A shopkeeper buys an article for ₹400 and marks it for sale at a price that it may give him 80% profit on his cost. He however gives 15 % discount on the marked price to his customers.

Find

The marked price of an article

The discount in rupees to the customer

The actual profit made by the shopkeeper

Q.

The price of a washing machine, inclusive of sales tax is Rs 13, 530. If the sales tax is $10\%$ find its basic price. [3 MARKS]

Q. Ms. Chawla goes to a shop to buy a leather coat which costs Rs 735.The rate of sales tax is 5%. She tells the shopkeeper to reduce the price of the coat, such that she has to pay only Rs 735 inclusive of sales tax. Find the reduction needed in the price of the coat?

Q.

Jyotsana bought a product for Rs. 3155 including 4.5 % sales tax. Find the price before tax was added.

Q. What is meant byVAT.

Q.

The price of a T.V set inclusive of sales tax of 9% is Rs. 13407. If the sales tax is increased to 13%, How much more does the customer have to pay for the T.V?

1. Rs.502
   

2. Rs.496
   

3. Rs.492

4. Rs.494
   

Q.

The selling price of an article is ₹ 9720 inclusive of sales tax. If the rate of sales tax is 8% , find the amount of sales tax

1. ₹ 9000

2. ₹ 720

3. ₹ 800

4. ₹ 9720

Q.

An almirah is sold at $₹5225$after allowing a discount of$5\%$.find its marked price.

Q. A shopkeeper sells a saree at 8% profit and a sweater at 10% discount, thereby getting a sum of ₹1008. If she had sold the saree at 10% profit and the sweater at 8% discount , she would have got ₹ 1028 . Find the cost price of the saree and the list price (price before discount) of the sweater.

Q.

The list price of an article is ₹ 20, 000 offered at a discount of 15 % . If the sales tax is chargeable at the rate of 8 % , find the amount buyer pays for the article

1. ₹ 17, 000

2. ₹ 20, 000

3. ₹ 18, 360

4. ₹ 19, 000

Q.

The marked price of an A.C is Rs. 40000. The shopkeeper gives a discount of 8% on marked price. Then, calculate the amount customer has to pay if the sales tax of 8% is charged to the customer.

1. Rs.40144

2. Rs.37984
   

3. Rs.38144
   

4. Rs.39744
   

Q.

Seeta sells a dining set to Neeta for ₹$6000$ and gains $20\%$. For how much should she sells it to increase her profit by another$5\%$?

Q.

Dinesh bought an article of ₹ 374, which include a discount of 15% on the marked price and a sales tax of 10% on the reduced price. Find the marked price on the article.

1. Rs. 360

2. Rs. 400

3. Rs. 456

4. Rs. 530

Q.

Question 26

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

Q.

A trader buys an unfinished article for Rs. 2400 and spends Rs. 400 on its finishing and marks up the price of the article 16% above its cost price to gain a profit. How much will the customer pay including 25% tax?

1. Rs.4080

2. Rs. 4020

3. Rs.4040

4. Rs.4060

Q. a) A shopkeeper purchases an article for Rs 7, 000 and sells it to a customer for Rs 8, 200. If the VAT rate is 6%, find the VAT paid by the shopkeeper.

b)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?

[6 MARKS]

Q.

The list price of a pair of shoes is Rs. 450. If Amit paid Rs. 45 as dales tax for it, find the rate of sales tax.

1. 15%

2. 10%

3. 18%

4. 20%

Q.

The marked price of a bike is ₹ 46000 and is offered at a discount of 5%. If the sales tax is charged at a rate of 10%, find the selling price of the bike.

1. Rs. 48070

2. Rs. 45070

3. Rs.4 1456

4. Rs. 41536

Q. a) A shopkeeper sells an item at the price of Rs 810 including sales tax of 8%. What should a customer pay for the same item if the sales tax is reduced to 6%?

b) The price of TV set inclusive of sales tax of 9% is Rs 13, 407. Find its marked price. If the sales tax is increased to 13%. how much more does the customer pay for the TV?
[6 MARKS]

Q.

The marked price of two articles A and B together is Rs. 6000. The sales tax on article A is 8% and on article B is 10%. If on selling both the articles, the total sales tax collected is Rs. 552, the marked price of article A and B are

1. ₹ 3600, ₹ 2400 respectively

2. ₹ 2400, ₹ 3600 respectively

3. ₹ 2600, ₹ 3400 respectively

4. ₹ 3400, ₹ 2600 respectively

Q.

Jamila sold a table and a chair for Rs.1050, thereby making a profit of 10% on a table and 25% on the chair. If she had taken a profit of 25% on the table and 10% on the chair she would have got Rs.1065. Find the cost price of each.

Q.

The original price of a washing machine which was bought for $₹13,500$ inclusive of $8\%$ VAT is:

1. $₹12,420$

2. $₹14,580$

3. $₹12,500$

4. $₹13,492$

Q.

The cost price of a Burger is Rs 80 and the Selling price of the Burger is Rs 100. How much will be the sales tax does the buyer pay for a burger? The sales tax on the burger is 8%.

1. Rs 6.4

2. Rs 9

3. Rs 8

4. Rs 10

Q.

The price of a T.V set inclusive of sales tax is ₹ 13, 530. If the rate of sales tax is $10\%$, find its basic (marked) price.

1. Rs. 12300

2. Rs. 13200

3. Rs. 11320

4. Rs. 11230

Q.

A Fruit Box costs Rs. 450 and the rate of sales tax is 10%. Find the Amount of Sales Tax.

1. 40

2. 50

3. 45

4. 55

Q. A manufacturer sells a washing machine to a wholesaler for Rs 15, 000. The wholesaler sells it to a trader at a profit of Rs 1, 200 and the trader in turn sells it to a consumer at a profit of Rs 1, 800. If the rate of VAT is 8% find:
(i) The amount of VAT received by the state government on the sale of this machine from the manufacturer and the wholesaler.
(ii) The amount that the consumer pays for the machine
[4 MARKS]

Q.

Neeta buys an article for ₹ 4000. If the sales tax is charged at 8 % , find the amount paid as sales tax and also total amount paid for the article

1. ₹ 2400, ₹4000

2. ₹ 280, ₹ 3720

3. ₹ 240, ₹4200

4. ₹ 250, ₹4200

Q.

Nisha buys a box costing ₹ 981. The rate of the sales tax is 9 %. She tells the shopkeepers to allow a discount on the price of the box to such an extent that she pays

₹ 981 inclusive all the tax. Find the discount in the price of the box.

1. Rs. 143

2. Rs. 81

3. Rs. 91

4. Rs. 111

Q.

Rahul bought a T.V with a marked price of Rs. 25000 .If the rate of sales tax is 9%, find the total amount paid by Rahul to buy the T.V

1. Rs.27250
   

2. Rs. 26700
   

3. Rs.28125

4. Rs. 25500
   

Q.

The marked price of an electronic device is ₹9200 and the sales tax levied on it is 8% .A customer asks trader to give this device for 9000 or less as he did not had enough amount ..the shopkeeper charged ₹8856 only including sales tax .Find the discount given by the shopkeeper.