Leena bought a suitcase for Rs 2520. The VAT for this item is 5%. The amount paid as VAT is:

Rs 125

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs 240

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs 20

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs 120

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D
Rs 120

Suggest Corrections

Similar questions

Q. Sujatha bought a suitcase for

R s .2370

. The

V A T

for this item is

5 %

. What was the price of the suitcase before

V A T

was added? Also find out how much is the

V A T

Q. Priya bought a suitcase for Rs. 2,730 . The VAT for this item is 5 %. What was the price of the suitcase before VAT was added? Also state how much is the VAT.

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]

Sharuti bought a set of cosmetic items for Rs. 345 including $15 %$ value added tax and a purse for Rs. 110 including $10 %$ VAT. What percent is the VAT charged on the whole transactions?

A buys some goods for Rs.4,000 and sold them to B for Rs.5,000. B sold these goods to C for Rs. 6,000. If the rate of tax (under VAT) at each stage is 5%, find (i) VAT paid by A (ii) VAT paid by B

Join BYJU'S Learning Program

Leena bought a suitcase for Rs 2520. The VAT for this item is 5%. The amount paid as VAT is:

The correct option is D Rs 120

The correct option is D
Rs 120