EduSahara™ Assignment
Name : Sales Tax and Value Added Tax
Chapter : Sales Tax and Value Added Tax (VAT)
Grade : ICSE Grade X
License : Non Commercial Use
Question 1
1.
A dealer quotes the price of a commodity as ₹15000.00 plus sales tax at the rate of 7.00% . Find the amount that a buyer has to pay to buy that commodity.
  • (i)
    ₹16048.00
  • (ii)
    ₹16051.00
  • (iii)
    ₹16052.00
  • (iv)
    ₹16049.00
  • (v)
    ₹16050.00
Question 2
2.
The list price of a commodity is ₹18000.00 and the shopkeeper gives a discount of 14.00% . On the remaining amount, he charges 7.00% sales tax. Find the final price the customer has to pay to the shopkeeper.
  • (i)
    ₹16563.60
  • (ii)
    ₹16565.60
  • (iii)
    ₹16564.60
  • (iv)
    ₹16562.60
  • (v)
    ₹16561.60
Question 3
3.
If the marked price of a commodity is ₹11000.00 and the rate of sales tax is 6.00%, the sales tax =
  • (i)
    ₹660.00
  • (ii)
    ₹645.00
  • (iii)
    ₹677.00
  • (iv)
    ₹682.00
  • (v)
    ₹654.00
Question 4
4.
If the marked price of a commodity is ₹17000.00 and the rate of sales tax is 4.00%, the selling price including sales tax =
  • (i)
    ₹20280.00
  • (ii)
    ₹18980.00
  • (iii)
    ₹17680.00
  • (iv)
    ₹16880.00
  • (v)
    ₹16480.00
Question 5
5.
If the price of a commodity inclusive of taxes is ₹12240.00 and the rate of sales tax is 2.00%, the marked price =
  • (i)
    ₹12700.00
  • (ii)
    ₹10300.00
  • (iii)
    ₹14500.00
  • (iv)
    ₹10400.00
  • (v)
    ₹12000.00
Question 6
6.
If the price of a commodity inclusive of taxes is ₹8160.00 and the rate of sales tax is 2.00%, the sales tax =
  • (i)
    ₹145.00
  • (ii)
    ₹163.00
  • (iii)
    ₹147.00
  • (iv)
    ₹178.00
  • (v)
    ₹160.00
Question 7
7.
If the price of a commodity inclusive of sales tax is ₹11990.00 and the marked price is ₹11000.00, the rate of sales tax =
  • (i)
    9.00%
  • (ii)
    11.00%
  • (iii)
    7.00%
  • (iv)
    10.00%
  • (v)
    8.00%
Question 8
8.
If the price of a commodity inclusive of sales tax is ₹11330.00 and the marked price is ₹11000.00, the sales tax =
  • (i)
    ₹344.00
  • (ii)
    ₹330.00
  • (iii)
    ₹333.00
  • (iv)
    ₹318.00
  • (v)
    ₹302.00
Question 9
9.
If the marked price of a commodity is ₹13000.00, the rate of sales tax is 5.00% and the rate of discount is 16.00%, the sales tax =
  • (i)
    ₹550.00
  • (ii)
    ₹573.00
  • (iii)
    ₹531.00
  • (iv)
    ₹532.00
  • (v)
    ₹546.00
Question 10
10.
If the marked price of a commodity is ₹14000.00, the rate of sales tax is 7.00% and the rate of discount is 10.00%, the selling price =
  • (i)
    ₹10900.00
  • (ii)
    ₹15000.00
  • (iii)
    ₹13300.00
  • (iv)
    ₹12600.00
  • (v)
    ₹9800.00
Question 11
11.
If the marked price of a commodity is ₹20000.00, the rate of sales tax is 5.00% and the rate of discount is 20.00%, the discount =
  • (i)
    ₹4000.00
  • (ii)
    ₹4240.00
  • (iii)
    ₹3880.00
  • (iv)
    ₹3860.00
  • (v)
    ₹4170.00
Question 12
12.
If the marked price of a commodity is ₹15000.00, the rate of sales tax is 4.00% and the rate of discount is 11.00%, the selling price including sales tax =
  • (i)
    ₹15484.00
  • (ii)
    ₹16184.00
  • (iii)
    ₹13884.00
  • (iv)
    ₹12284.00
  • (v)
    ₹13384.00
Question 13
13.
If the price of a commodity inclusive of sales tax is ₹19688.00, the rate of sales tax is 7.00% and the rate of discount is 8.00%, the marked price =
  • (i)
    ₹17200.00
  • (ii)
    ₹21400.00
  • (iii)
    ₹19400.00
  • (iv)
    ₹20000.00
  • (v)
    ₹20800.00
Question 14
14.
If the price of a commodity inclusive of sales tax is ₹10355.00, the rate of sales tax is 9.00% and the rate of discount is 5.00%, the sales tax =
  • (i)
    ₹855.00
  • (ii)
    ₹878.00
  • (iii)
    ₹867.00
  • (iv)
    ₹830.00
  • (v)
    ₹852.00
Question 15
15.
If the price of a commodity inclusive of sales tax is ₹8343.00, the rate of sales tax is 3.00% and the rate of discount is 19.00%, the selling price =
  • (i)
    ₹7980.00
  • (ii)
    ₹8050.00
  • (iii)
    ₹8180.00
  • (iv)
    ₹8370.00
  • (v)
    ₹8100.00
Question 16
16.
If the price of a commodity inclusive of sales tax is ₹7063.20, the rate of sales tax is 9.00% and the rate of discount is 19.00%, the discount =
  • (i)
    ₹1360.00
  • (ii)
    ₹1350.00
  • (iii)
    ₹1520.00
  • (iv)
    ₹1540.00
  • (v)
    ₹1650.00
Question 17
17.
If the price of a commodity inclusive of sales tax is ₹5366.40, the marked price is ₹6000.00 and the rate of discount is 14.00%, the sales tax =
  • (i)
    ₹206.40
  • (ii)
    ₹218.40
  • (iii)
    ₹182.40
  • (iv)
    ₹203.40
  • (v)
    ₹231.40
Question 18
18.
If the price of a commodity inclusive of sales tax is ₹16023.00, the marked price is ₹15000.00 and the rate of discount is 2.00%, the selling price =
  • (i)
    ₹13900.00
  • (ii)
    ₹16000.00
  • (iii)
    ₹13200.00
  • (iv)
    ₹15400.00
  • (v)
    ₹14700.00
Question 19
19.
If the price of a commodity inclusive of sales tax is ₹15759.00, the marked price is ₹18000.00 and the rate of discount is 15.00%, the discount =
  • (i)
    ₹2860.00
  • (ii)
    ₹2700.00
  • (iii)
    ₹2670.00
  • (iv)
    ₹2530.00
  • (v)
    ₹2750.00
Question 20
20.
The price of a commodity inclusive of sales tax of 19.00% is ₹595.00. If the sales tax is increased to 33.00%, how much the customer has to pay ?
  • (i)
      • ₹73.00
      • less
  • (ii)
      • ₹73.00
      • more
  • (iii)
      • ₹70.00
      • less
  • (iv)
      • ₹67.00
      • more
  • (v)
      • ₹70.00
      • more
Question 21
21.
The price of a commodity inclusive of sales tax of 16.00% is ₹1856.00. If the sales tax is decreased to 6.00%, how much the customer has to pay ?
  • (i)
      • ₹158.00
      • less
  • (ii)
      • ₹160.00
      • more
  • (iii)
      • ₹160.00
      • less
  • (iv)
      • ₹176.00
      • less
  • (v)
      • ₹176.00
      • more
Question 22
22.
A shopkeeper buys a product at a discount of 6.00% from a wholesaler. The printed price of the product is ₹13000.00 and the rate of sales tax paid is 7.00%. The shopkeeper sells it at the printed price and charges tax at the same rate. Find the VAT paid by the shopkeeper.
  • (i)
    ₹55.60
  • (ii)
    ₹52.60
  • (iii)
    ₹54.60
  • (iv)
    ₹56.60
  • (v)
    ₹53.60
Question 23
23.
A manufacturing company produced a machine and sold it to a distributer for ₹13000.00 not including tax, tax rate being 9.00%. The distributor sold it to a retailer for ₹16250.00 plus tax of ₹1462.50 . The retailer sold the machine to the consumer for ₹20312.50 plus tax of ₹1828.12 . Calculate the total amount of tax (under VAT) received by the State Government on this machine.
  • (i)
    ₹1768.12
  • (ii)
    ₹1828.12
  • (iii)
    ₹1548.12
  • (iv)
    ₹1948.12
  • (v)
    ₹1968.12
Question 24
24.
    • A person buys the following items from a departmental store : vegetables of worth ₹1600.00, grains of worth ₹1500.00, medicines of worth ₹1400.00, bakery products of worth ₹500.00. If sales tax is charged at the rate of 2.00% on vegetables, 4.00% on grains, 3.00% on medicines, 6.00% on bakery products, find the total amount to be paid.
  • (i)
    ₹5394.00
  • (ii)
    ₹5284.00
  • (iii)
    ₹5164.00
  • (iv)
    ₹4904.00
  • (v)
    ₹4984.00
Question 25
25.
A person wants to buy a commodity which costs ₹624.00. The rate of sales tax is 4.00%. The person tells the shopkeeper to reduce the list price of the commodity such that he has to pay only ₹624.00, inclusive of sales tax. Find the reduction needed in the price of the commodity.
  • (i)
    ₹24.00
  • (ii)
    ₹27.00
  • (iii)
    ₹29.00
  • (iv)
    ₹21.00
  • (v)
    ₹19.00
Question 26
26.
If the price of a commodity inclusive of sales tax is ₹14358.20, the marked price is ₹17000.00 and the rate of discount is 18.00%, the rate of sales tax =
  • (i)
    5.00%
  • (ii)
    1.00%
  • (iii)
    2.00%
  • (iv)
    3.00%
  • (v)
    4.00%
    Assignment Key

  •  1) (v)
  •  2) (i)
  •  3) (i)
  •  4) (iii)
  •  5) (v)
  •  6) (v)
  •  7) (i)
  •  8) (ii)
  •  9) (v)
  •  10) (iv)
  •  11) (i)
  •  12) (iii)
  •  13) (iv)
  •  14) (i)
  •  15) (v)
  •  16) (iii)
  •  17) (i)
  •  18) (v)
  •  19) (ii)
  •  20) (v)
  •  21) (iii)
  •  22) (iii)
  •  23) (ii)
  •  24) (iii)
  •  25) (i)
  •  26) (iv)