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 ₹10000.00 plus sales tax at the rate of 10.00% . Find the amount that a buyer has to pay to buy that commodity.
  • (i)
    ₹10999.00
  • (ii)
    ₹10998.00
  • (iii)
    ₹11001.00
  • (iv)
    ₹11002.00
  • (v)
    ₹11000.00
Question 2
2.
The list price of a commodity is ₹9000.00 and the shopkeeper gives a discount of 16.00% . On the remaining amount, he charges 5.00% sales tax. Find the final price the customer has to pay to the shopkeeper.
  • (i)
    ₹7937.00
  • (ii)
    ₹7940.00
  • (iii)
    ₹7939.00
  • (iv)
    ₹7936.00
  • (v)
    ₹7938.00
Question 3
3.
If the marked price of a commodity is ₹6000.00 and the rate of sales tax is 4.00%, the sales tax =
  • (i)
    ₹222.00
  • (ii)
    ₹240.00
  • (iii)
    ₹265.00
  • (iv)
    ₹236.00
  • (v)
    ₹246.00
Question 4
4.
If the marked price of a commodity is ₹13000.00 and the rate of sales tax is 3.00%, the selling price including sales tax =
  • (i)
    ₹13190.00
  • (ii)
    ₹14090.00
  • (iii)
    ₹13390.00
  • (iv)
    ₹10790.00
  • (v)
    ₹14690.00
Question 5
5.
If the price of a commodity inclusive of taxes is ₹9180.00 and the rate of sales tax is 2.00%, the marked price =
  • (i)
    ₹9170.00
  • (ii)
    ₹9160.00
  • (iii)
    ₹8920.00
  • (iv)
    ₹9000.00
  • (v)
    ₹8880.00
Question 6
6.
If the price of a commodity inclusive of taxes is ₹13260.00 and the rate of sales tax is 2.00%, the sales tax =
  • (i)
    ₹274.00
  • (ii)
    ₹245.00
  • (iii)
    ₹260.00
  • (iv)
    ₹287.00
  • (v)
    ₹234.00
Question 7
7.
If the price of a commodity inclusive of sales tax is ₹16480.00 and the marked price is ₹16000.00, the rate of sales tax =
  • (i)
    5.00%
  • (ii)
    2.00%
  • (iii)
    3.00%
  • (iv)
    1.00%
  • (v)
    4.00%
Question 8
8.
If the price of a commodity inclusive of sales tax is ₹8320.00 and the marked price is ₹8000.00, the sales tax =
  • (i)
    ₹338.00
  • (ii)
    ₹320.00
  • (iii)
    ₹303.00
Question 9
9.
If the marked price of a commodity is ₹8000.00, the rate of sales tax is 6.00% and the rate of discount is 10.00%, the sales tax =
  • (i)
    ₹432.00
  • (ii)
    ₹426.00
  • (iii)
    ₹435.00
  • (iv)
    ₹454.00
  • (v)
    ₹418.00
Question 10
10.
If the marked price of a commodity is ₹12000.00, the rate of sales tax is 6.00% and the rate of discount is 6.00%, the selling price =
  • (i)
    ₹12980.00
  • (ii)
    ₹8680.00
  • (iii)
    ₹11280.00
  • (iv)
    ₹10480.00
  • (v)
    ₹12480.00
Question 11
11.
If the marked price of a commodity is ₹5000.00, the rate of sales tax is 4.00% and the rate of discount is 4.00%, the discount =
  • (i)
    ₹200.00
  • (ii)
    ₹193.00
  • (iii)
    ₹175.00
  • (iv)
    ₹214.00
  • (v)
    ₹213.00
Question 12
12.
If the marked price of a commodity is ₹15000.00, the rate of sales tax is 6.00% and the rate of discount is 17.00%, the selling price including sales tax =
  • (i)
    ₹14897.00
  • (ii)
    ₹14797.00
  • (iii)
    ₹10997.00
  • (iv)
    ₹11397.00
  • (v)
    ₹13197.00
Question 13
13.
If the price of a commodity inclusive of sales tax is ₹4505.00, the rate of sales tax is 6.00% and the rate of discount is 15.00%, the marked price =
  • (i)
    ₹4720.00
  • (ii)
    ₹5180.00
  • (iii)
    ₹5000.00
  • (iv)
    ₹5150.00
  • (v)
    ₹4860.00
Question 14
14.
If the price of a commodity inclusive of sales tax is ₹21168.00, the rate of sales tax is 8.00% and the rate of discount is 2.00%, the sales tax =
  • (i)
    ₹1568.00
  • (ii)
    ₹1428.00
  • (iii)
    ₹1438.00
  • (iv)
    ₹1748.00
  • (v)
    ₹1788.00
Question 15
15.
If the price of a commodity inclusive of sales tax is ₹15606.00, the rate of sales tax is 2.00% and the rate of discount is 10.00%, the selling price =
  • (i)
    ₹13500.00
  • (ii)
    ₹16000.00
  • (iii)
    ₹13900.00
  • (iv)
    ₹17500.00
  • (v)
    ₹15300.00
Question 16
16.
If the price of a commodity inclusive of sales tax is ₹4428.00, the rate of sales tax is 8.00% and the rate of discount is 18.00%, the discount =
  • (i)
    ₹924.00
  • (ii)
    ₹884.00
  • (iii)
    ₹908.00
  • (iv)
    ₹875.00
  • (v)
    ₹900.00
Question 17
17.
If the price of a commodity inclusive of sales tax is ₹13545.60, the marked price is ₹16000.00 and the rate of discount is 17.00%, the sales tax =
  • (i)
    ₹278.60
  • (ii)
    ₹247.60
  • (iii)
    ₹265.60
  • (iv)
    ₹289.60
  • (v)
    ₹243.60
Question 18
18.
If the price of a commodity inclusive of sales tax is ₹17320.40, the marked price is ₹19000.00 and the rate of discount is 14.00%, the selling price =
  • (i)
    ₹13940.00
  • (ii)
    ₹16340.00
  • (iii)
    ₹18640.00
  • (iv)
    ₹16540.00
  • (v)
    ₹14740.00
Question 19
19.
If the price of a commodity inclusive of sales tax is ₹9319.50, the marked price is ₹9000.00 and the rate of discount is 5.00%, the discount =
  • (i)
    ₹435.00
  • (ii)
    ₹438.00
  • (iii)
    ₹450.00
  • (iv)
    ₹463.00
  • (v)
    ₹456.00
Question 20
20.
The price of a commodity inclusive of sales tax of 7.00% is ₹1712.00. If the sales tax is increased to 12.00%, how much the customer has to pay ?
  • (i)
      • ₹80.00
      • less
  • (ii)
      • ₹83.00
      • less
  • (iii)
      • ₹83.00
      • more
  • (iv)
      • ₹80.00
      • more
  • (v)
      • ₹77.00
      • more
Question 21
21.
The price of a commodity inclusive of sales tax of 7.00% is ₹1819.00. If the sales tax is decreased to 2.00%, how much the customer has to pay ?
  • (i)
      • ₹88.00
      • more
  • (ii)
      • ₹82.00
      • less
  • (iii)
      • ₹88.00
      • less
  • (iv)
      • ₹85.00
      • less
  • (v)
      • ₹85.00
      • more
Question 22
22.
A shopkeeper buys a product at a discount of 8.00% from a wholesaler. The printed price of the product is ₹13000.00 and the rate of sales tax paid is 9.00%. The shopkeeper sells it at the printed price and charges tax at the same rate. Find the VAT paid by the shopkeeper.
  • (i)
    ₹93.60
  • (ii)
    ₹92.60
  • (iii)
    ₹95.60
  • (iv)
    ₹91.60
  • (v)
    ₹94.60
Question 23
23.
A manufacturing company produced a machine and sold it to a distributer for ₹19000.00 not including tax, tax rate being 6.00%. The distributor sold it to a retailer for ₹28500.00 plus tax of ₹1710.00 . The retailer sold the machine to the consumer for ₹42750.00 plus tax of ₹2565.00 . Calculate the total amount of tax (under VAT) received by the State Government on this machine.
  • (i)
    ₹2565.00
  • (ii)
    ₹2705.00
  • (iii)
    ₹2615.00
  • (iv)
    ₹2285.00
  • (v)
    ₹2425.00
Question 24
24.
    • A person buys the following items from a departmental store : fruits of worth ₹2000.00, bakery products of worth ₹2000.00, stationery of worth ₹1700.00, cosmetics of worth ₹500.00. If sales tax is charged at the rate of 2.00% on fruits, 6.00% on bakery products, 7.00% on stationery, 10.00% on cosmetics, find the total amount to be paid.
  • (i)
    ₹6379.00
  • (ii)
    ₹6789.00
  • (iii)
    ₹6529.00
  • (iv)
    ₹6449.00
  • (v)
    ₹6709.00
Question 25
25.
A person wants to buy a commodity which costs ₹1050.00. The rate of sales tax is 5.00%. The person tells the shopkeeper to reduce the list price of the commodity such that he has to pay only ₹1050.00, inclusive of sales tax. Find the reduction needed in the price of the commodity.
  • (i)
    ₹47.00
  • (ii)
    ₹53.00
  • (iii)
    ₹50.00
  • (iv)
    ₹45.00
  • (v)
    ₹55.00
Question 26
26.
If the price of a commodity inclusive of sales tax is ₹6052.80, the marked price is ₹6000.00 and the rate of discount is 3.00%, the rate of sales tax =
  • (i)
    4.00%
  • (ii)
    6.00%
  • (iii)
    2.00%
  • (iv)
    3.00%
  • (v)
    5.00%
    Assignment Key

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