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 ₹19000.00 plus sales tax at the rate of 9.00% . Find the amount that a buyer has to pay to buy that commodity.
  • (i)
    ₹20710.00
  • (ii)
    ₹20712.00
  • (iii)
    ₹20709.00
  • (iv)
    ₹20711.00
  • (v)
    ₹20708.00
Question 2
2.
The list price of a commodity is ₹20000.00 and the shopkeeper gives a discount of 12.00% . On the remaining amount, he charges 8.00% sales tax. Find the final price the customer has to pay to the shopkeeper.
  • (i)
    ₹19007.00
  • (ii)
    ₹19006.00
  • (iii)
    ₹19010.00
  • (iv)
    ₹19009.00
  • (v)
    ₹19008.00
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)
    ₹657.00
  • (iii)
    ₹676.00
  • (iv)
    ₹668.00
  • (v)
    ₹637.00
Question 4
4.
If the marked price of a commodity is ₹15000.00 and the rate of sales tax is 4.00%, the selling price including sales tax =
  • (i)
    ₹15800.00
  • (ii)
    ₹15600.00
  • (iii)
    ₹13100.00
  • (iv)
    ₹17300.00
  • (v)
    ₹14800.00
Question 5
5.
If the price of a commodity inclusive of taxes is ₹18530.00 and the rate of sales tax is 9.00%, the marked price =
  • (i)
    ₹16300.00
  • (ii)
    ₹18300.00
  • (iii)
    ₹17000.00
  • (iv)
    ₹14500.00
  • (v)
    ₹18800.00
Question 6
6.
If the price of a commodity inclusive of taxes is ₹15750.00 and the rate of sales tax is 5.00%, the sales tax =
  • (i)
    ₹750.00
  • (ii)
    ₹776.00
  • (iii)
    ₹733.00
  • (iv)
    ₹768.00
  • (v)
    ₹728.00
Question 7
7.
If the price of a commodity inclusive of sales tax is ₹8320.00 and the marked price is ₹8000.00, the rate of sales tax =
  • (i)
    6.00%
  • (ii)
    5.00%
  • (iii)
    2.00%
  • (iv)
    3.00%
  • (v)
    4.00%
Question 8
8.
If the price of a commodity inclusive of sales tax is ₹21400.00 and the marked price is ₹20000.00, the sales tax =
  • (i)
    ₹1250.00
  • (ii)
    ₹1480.00
  • (iii)
    ₹1400.00
  • (iv)
    ₹1260.00
  • (v)
    ₹1670.00
Question 9
9.
If the marked price of a commodity is ₹10000.00, the rate of sales tax is 6.00% and the rate of discount is 3.00%, the sales tax =
  • (i)
    ₹555.00
  • (ii)
    ₹599.00
  • (iii)
    ₹568.00
  • (iv)
    ₹582.00
  • (v)
    ₹584.00
Question 10
10.
If the marked price of a commodity is ₹6000.00, the rate of sales tax is 8.00% and the rate of discount is 15.00%, the selling price =
  • (i)
    ₹4850.00
  • (ii)
    ₹5100.00
  • (iii)
    ₹4980.00
  • (iv)
    ₹5240.00
  • (v)
    ₹5360.00
Question 11
11.
If the marked price of a commodity is ₹5000.00, the rate of sales tax is 7.00% and the rate of discount is 7.00%, the discount =
  • (i)
    ₹368.00
  • (ii)
    ₹332.00
  • (iii)
    ₹350.00
  • (iv)
    ₹363.00
  • (v)
    ₹336.00
Question 12
12.
If the marked price of a commodity is ₹19000.00, the rate of sales tax is 9.00% and the rate of discount is 5.00%, the selling price including sales tax =
  • (i)
    ₹19974.50
  • (ii)
    ₹19674.50
  • (iii)
    ₹18274.50
  • (iv)
    ₹21174.50
  • (v)
    ₹18474.50
Question 13
13.
If the price of a commodity inclusive of sales tax is ₹9202.00, the rate of sales tax is 7.00% and the rate of discount is 14.00%, the marked price =
  • (i)
    ₹7200.00
  • (ii)
    ₹10800.00
  • (iii)
    ₹11600.00
  • (iv)
    ₹10000.00
  • (v)
    ₹8700.00
Question 14
14.
If the price of a commodity inclusive of sales tax is ₹19227.60, the rate of sales tax is 9.00% and the rate of discount is 2.00%, the sales tax =
  • (i)
    ₹1407.60
  • (ii)
    ₹1607.60
  • (iii)
    ₹1587.60
  • (iv)
    ₹1447.60
  • (v)
    ₹1727.60
Question 15
15.
If the price of a commodity inclusive of sales tax is ₹15537.60, the rate of sales tax is 4.00% and the rate of discount is 17.00%, the selling price =
  • (i)
    ₹13340.00
  • (ii)
    ₹12140.00
  • (iii)
    ₹17240.00
  • (iv)
    ₹14940.00
  • (v)
    ₹15440.00
Question 16
16.
If the price of a commodity inclusive of sales tax is ₹17820.00, the rate of sales tax is 10.00% and the rate of discount is 19.00%, the discount =
  • (i)
    ₹3620.00
  • (ii)
    ₹3800.00
  • (iii)
    ₹3950.00
  • (iv)
    ₹3960.00
  • (v)
    ₹3630.00
Question 17
17.
If the price of a commodity inclusive of sales tax is ₹7040.60, the marked price is ₹7000.00 and the rate of discount is 6.00%, the sales tax =
  • (i)
    ₹483.60
  • (ii)
    ₹460.60
  • (iii)
    ₹446.60
  • (iv)
    ₹465.60
Question 18
18.
If the price of a commodity inclusive of sales tax is ₹14630.00, the marked price is ₹14000.00 and the rate of discount is 5.00%, the selling price =
  • (i)
    ₹12600.00
  • (ii)
    ₹14800.00
  • (iii)
    ₹13300.00
  • (iv)
    ₹14700.00
  • (v)
    ₹12100.00
Question 19
19.
If the price of a commodity inclusive of sales tax is ₹10260.00, the marked price is ₹10000.00 and the rate of discount is 5.00%, the discount =
  • (i)
    ₹508.00
  • (ii)
    ₹476.00
  • (iii)
    ₹513.00
  • (iv)
    ₹500.00
  • (v)
    ₹485.00
Question 20
20.
The price of a commodity inclusive of sales tax of 19.00% is ₹1785.00. If the sales tax is increased to 25.00%, how much the customer has to pay ?
  • (i)
      • ₹93.00
      • less
  • (ii)
      • ₹90.00
      • less
  • (iii)
      • ₹93.00
      • more
  • (iv)
      • ₹90.00
      • more
  • (v)
      • ₹87.00
      • more
Question 21
21.
The price of a commodity inclusive of sales tax of 9.00% is ₹1417.00. If the sales tax is decreased to 2.00%, how much the customer has to pay ?
  • (i)
      • ₹88.00
      • less
  • (ii)
      • ₹94.00
      • less
  • (iii)
      • ₹94.00
      • more
  • (iv)
      • ₹91.00
      • less
  • (v)
      • ₹91.00
      • more
Question 22
22.
A shopkeeper buys a product at a discount of 9.00% from a wholesaler. The printed price of the product is ₹10000.00 and the rate of sales tax paid is 5.00%. The shopkeeper sells it at the printed price and charges tax at the same rate. Find the VAT paid by the shopkeeper.
  • (i)
    ₹45.00
  • (ii)
    ₹47.00
  • (iii)
    ₹44.00
  • (iv)
    ₹46.00
  • (v)
    ₹43.00
Question 23
23.
A manufacturing company produced a machine and sold it to a distributer for ₹17000.00 not including tax, tax rate being 5.00%. The distributor sold it to a retailer for ₹25500.00 plus tax of ₹1275.00 . The retailer sold the machine to the consumer for ₹31875.00 plus tax of ₹1593.75 . Calculate the total amount of tax (under VAT) received by the State Government on this machine.
  • (i)
    ₹1593.75
  • (ii)
    ₹1713.75
  • (iii)
    ₹1863.75
  • (iv)
    ₹1443.75
  • (v)
    ₹1423.75
Question 24
24.
    • A person buys the following items from a departmental store : bakery products of worth ₹1500.00, electronic goods of worth ₹500.00, beverages of worth ₹1900.00, clothes of worth ₹900.00. If sales tax is charged at the rate of 2.00% on bakery products, 3.00% on electronic goods, 9.00% on beverages, 4.00% on clothes, find the total amount to be paid.
  • (i)
    ₹5102.00
  • (ii)
    ₹5052.00
  • (iii)
    ₹4822.00
  • (iv)
    ₹5332.00
  • (v)
    ₹4992.00
Question 25
25.
A person wants to buy a commodity which costs ₹1080.00. The rate of sales tax is 8.00%. The person tells the shopkeeper to reduce the list price of the commodity such that he has to pay only ₹1080.00, inclusive of sales tax. Find the reduction needed in the price of the commodity.
  • (i)
    ₹75.00
  • (ii)
    ₹77.00
  • (iii)
    ₹80.00
  • (iv)
    ₹85.00
  • (v)
    ₹83.00
Question 26
26.
If the price of a commodity inclusive of sales tax is ₹9039.60, the marked price is ₹9000.00 and the rate of discount is 7.00%, the rate of sales tax =
  • (i)
    7.00%
  • (ii)
    6.00%
  • (iii)
    8.00%
  • (iv)
    10.00%
  • (v)
    9.00%
    Assignment Key

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