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 ₹18000.00 plus sales tax at the rate of 7.00% . Find the amount that a buyer has to pay to buy that commodity.
  • (i)
    ₹19260.00
  • (ii)
    ₹19261.00
  • (iii)
    ₹19259.00
  • (iv)
    ₹19258.00
  • (v)
    ₹19262.00
Question 2
2.
The list price of a commodity is ₹15000.00 and the shopkeeper gives a discount of 2.00% . On the remaining amount, he charges 7.00% sales tax. Find the final price the customer has to pay to the shopkeeper.
  • (i)
    ₹15730.00
  • (ii)
    ₹15727.00
  • (iii)
    ₹15728.00
  • (iv)
    ₹15729.00
  • (v)
    ₹15731.00
Question 3
3.
If the marked price of a commodity is ₹13000.00 and the rate of sales tax is 7.00%, the sales tax =
  • (i)
    ₹910.00
  • (ii)
    ₹907.00
  • (iii)
    ₹914.00
  • (iv)
    ₹933.00
  • (v)
    ₹888.00
Question 4
4.
If the marked price of a commodity is ₹19000.00 and the rate of sales tax is 8.00%, the selling price including sales tax =
  • (i)
    ₹23120.00
  • (ii)
    ₹21020.00
  • (iii)
    ₹18320.00
  • (iv)
    ₹19920.00
  • (v)
    ₹20520.00
Question 5
5.
If the price of a commodity inclusive of taxes is ₹8400.00 and the rate of sales tax is 5.00%, the marked price =
  • (i)
    ₹7880.00
  • (ii)
    ₹8030.00
  • (iii)
    ₹7860.00
  • (iv)
    ₹8230.00
  • (v)
    ₹8000.00
Question 6
6.
If the price of a commodity inclusive of taxes is ₹22000.00 and the rate of sales tax is 10.00%, the sales tax =
  • (i)
    ₹2240.00
  • (ii)
    ₹2000.00
  • (iii)
    ₹1930.00
  • (iv)
    ₹1820.00
  • (v)
    ₹2040.00
Question 7
7.
If the price of a commodity inclusive of sales tax is ₹17680.00 and the marked price is ₹17000.00, the rate of sales tax =
  • (i)
    2.00%
  • (ii)
    4.00%
  • (iii)
    6.00%
  • (iv)
    3.00%
  • (v)
    5.00%
Question 8
8.
If the price of a commodity inclusive of sales tax is ₹6540.00 and the marked price is ₹6000.00, the sales tax =
  • (i)
    ₹540.00
  • (ii)
    ₹537.00
  • (iii)
    ₹564.00
  • (iv)
    ₹547.00
  • (v)
    ₹514.00
Question 9
9.
If the marked price of a commodity is ₹7000.00, the rate of sales tax is 4.00% and the rate of discount is 2.00%, the sales tax =
  • (i)
    ₹290.40
  • (ii)
    ₹286.40
  • (iii)
    ₹257.40
  • (iv)
    ₹249.40
  • (v)
    ₹274.40
Question 10
10.
If the marked price of a commodity is ₹14000.00, the rate of sales tax is 2.00% and the rate of discount is 8.00%, the selling price =
  • (i)
    ₹11380.00
  • (ii)
    ₹12880.00
  • (iii)
    ₹14480.00
  • (iv)
    ₹14180.00
  • (v)
    ₹10080.00
Question 11
11.
If the marked price of a commodity is ₹6000.00, the rate of sales tax is 4.00% and the rate of discount is 18.00%, the discount =
  • (i)
    ₹940.00
  • (ii)
    ₹950.00
  • (iii)
    ₹1080.00
  • (iv)
    ₹1200.00
  • (v)
    ₹1360.00
Question 12
12.
If the marked price of a commodity is ₹19000.00, the rate of sales tax is 8.00% and the rate of discount is 2.00%, the selling price including sales tax =
  • (i)
    ₹18909.60
  • (ii)
    ₹20109.60
  • (iii)
    ₹20409.60
  • (iv)
    ₹17609.60
  • (v)
    ₹22709.60
Question 13
13.
If the price of a commodity inclusive of sales tax is ₹15603.20, the rate of sales tax is 6.00% and the rate of discount is 8.00%, the marked price =
  • (i)
    ₹16000.00
  • (ii)
    ₹14700.00
  • (iii)
    ₹14200.00
  • (iv)
    ₹17200.00
  • (v)
    ₹16600.00
Question 14
14.
If the price of a commodity inclusive of sales tax is ₹16265.60, the rate of sales tax is 4.00% and the rate of discount is 8.00%, the sales tax =
  • (i)
    ₹609.60
  • (ii)
    ₹622.60
  • (iii)
    ₹648.60
  • (iv)
    ₹640.60
  • (v)
    ₹625.60
Question 15
15.
If the price of a commodity inclusive of sales tax is ₹9130.00, the rate of sales tax is 10.00% and the rate of discount is 17.00%, the selling price =
  • (i)
    ₹8120.00
  • (ii)
    ₹8300.00
  • (iii)
    ₹8440.00
  • (iv)
    ₹8050.00
  • (v)
    ₹8480.00
Question 16
16.
If the price of a commodity inclusive of sales tax is ₹17098.60, the rate of sales tax is 7.00% and the rate of discount is 6.00%, the discount =
  • (i)
    ₹890.00
  • (ii)
    ₹1070.00
  • (iii)
    ₹880.00
  • (iv)
    ₹1020.00
  • (v)
    ₹1290.00
Question 17
17.
If the price of a commodity inclusive of sales tax is ₹13867.20, the marked price is ₹16000.00 and the rate of discount is 19.00%, the sales tax =
  • (i)
    ₹922.20
  • (ii)
    ₹907.20
  • (iii)
    ₹900.20
  • (iv)
    ₹881.20
  • (v)
    ₹925.20
Question 18
18.
If the price of a commodity inclusive of sales tax is ₹11718.00, the marked price is ₹12000.00 and the rate of discount is 7.00%, the selling price =
  • (i)
    ₹8460.00
  • (ii)
    ₹12560.00
  • (iii)
    ₹11760.00
  • (iv)
    ₹9960.00
  • (v)
    ₹11160.00
Question 19
19.
If the price of a commodity inclusive of sales tax is ₹17809.20, the marked price is ₹17000.00 and the rate of discount is 3.00%, the discount =
  • (i)
    ₹525.00
  • (ii)
    ₹483.00
  • (iii)
    ₹508.00
  • (iv)
    ₹532.00
  • (v)
    ₹510.00
Question 20
20.
The price of a commodity inclusive of sales tax of 19.00% is ₹1309.00. If the sales tax is increased to 27.00%, how much the customer has to pay ?
  • (i)
      • ₹85.00
      • more
  • (ii)
      • ₹88.00
      • more
  • (iii)
      • ₹88.00
      • less
  • (iv)
      • ₹91.00
      • more
  • (v)
      • ₹91.00
      • less
Question 21
21.
The price of a commodity inclusive of sales tax of 8.00% is ₹1296.00. If the sales tax is decreased to 2.00%, how much the customer has to pay ?
  • (i)
      • ₹75.00
      • more
  • (ii)
      • ₹69.00
      • less
  • (iii)
      • ₹72.00
      • less
  • (iv)
      • ₹72.00
      • more
  • (v)
      • ₹75.00
      • less
Question 22
22.
A shopkeeper buys a product at a discount of 7.00% from a wholesaler. The printed price of the product is ₹6000.00 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)
    ₹37.80
  • (ii)
    ₹35.80
  • (iii)
    ₹38.80
  • (iv)
    ₹39.80
  • (v)
    ₹36.80
Question 23
23.
A manufacturing company produced a machine and sold it to a distributer for ₹19000.00 not including tax, tax rate being 9.00%. The distributor sold it to a retailer for ₹28500.00 plus tax of ₹2565.00 . The retailer sold the machine to the consumer for ₹42750.00 plus tax of ₹3847.50 . Calculate the total amount of tax (under VAT) received by the State Government on this machine.
  • (i)
    ₹3867.50
  • (ii)
    ₹3717.50
  • (iii)
    ₹3847.50
  • (iv)
    ₹3807.50
  • (v)
    ₹4027.50
Question 24
24.
    • A person buys the following items from a departmental store : fruits of worth ₹1400.00, bakery products of worth ₹2000.00, clothes of worth ₹500.00, beverages of worth ₹900.00. If sales tax is charged at the rate of 7.00% on fruits, 6.00% on bakery products, 5.00% on clothes, 9.00% on beverages, find the total amount to be paid.
  • (i)
    ₹5164.00
  • (ii)
    ₹4954.00
  • (iii)
    ₹5044.00
  • (iv)
    ₹5124.00
  • (v)
    ₹5404.00
Question 25
25.
A person wants to buy a commodity which costs ₹735.00. 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 ₹735.00, inclusive of sales tax. Find the reduction needed in the price of the commodity.
  • (i)
    ₹40.00
  • (ii)
    ₹38.00
  • (iii)
    ₹32.00
  • (iv)
    ₹30.00
  • (v)
    ₹35.00
Question 26
26.
If the price of a commodity inclusive of sales tax is ₹16467.30, the marked price is ₹19000.00 and the rate of discount is 19.00%, the rate of sales tax =
  • (i)
    6.00%
  • (ii)
    8.00%
  • (iii)
    7.00%
  • (iv)
    9.00%
  • (v)
    5.00%
    Assignment Key

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