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 ₹6000.00 plus sales tax at the rate of 8.00% . Find the amount that a buyer has to pay to buy that commodity.
  • (i)
    ₹6481.00
  • (ii)
    ₹6480.00
  • (iii)
    ₹6478.00
  • (iv)
    ₹6479.00
  • (v)
    ₹6482.00
Question 2
2.
The list price of a commodity is ₹11000.00 and the shopkeeper gives a discount of 7.00% . On the remaining amount, he charges 3.00% sales tax. Find the final price the customer has to pay to the shopkeeper.
  • (i)
    ₹10537.90
  • (ii)
    ₹10535.90
  • (iii)
    ₹10534.90
  • (iv)
    ₹10538.90
  • (v)
    ₹10536.90
Question 3
3.
If the marked price of a commodity is ₹9000.00 and the rate of sales tax is 3.00%, the sales tax =
  • (i)
    ₹284.00
  • (ii)
    ₹243.00
  • (iii)
    ₹254.00
  • (iv)
    ₹288.00
  • (v)
    ₹270.00
Question 4
4.
If the marked price of a commodity is ₹11000.00 and the rate of sales tax is 3.00%, the selling price including sales tax =
  • (i)
    ₹9630.00
  • (ii)
    ₹11330.00
  • (iii)
    ₹13130.00
  • (iv)
    ₹10930.00
Question 5
5.
If the price of a commodity inclusive of taxes is ₹5100.00 and the rate of sales tax is 2.00%, the marked price =
  • (i)
    ₹4840.00
  • (ii)
    ₹5080.00
  • (iii)
    ₹4820.00
  • (iv)
    ₹5130.00
  • (v)
    ₹5000.00
Question 6
6.
If the price of a commodity inclusive of taxes is ₹9900.00 and the rate of sales tax is 10.00%, the sales tax =
  • (i)
    ₹927.00
  • (ii)
    ₹900.00
  • (iii)
    ₹876.00
  • (iv)
    ₹902.00
  • (v)
    ₹888.00
Question 7
7.
If the price of a commodity inclusive of sales tax is ₹9720.00 and the marked price is ₹9000.00, the rate of sales tax =
  • (i)
    9.00%
  • (ii)
    6.00%
  • (iii)
    8.00%
  • (iv)
    7.00%
  • (v)
    10.00%
Question 8
8.
If the price of a commodity inclusive of sales tax is ₹13650.00 and the marked price is ₹13000.00, the sales tax =
  • (i)
    ₹650.00
  • (ii)
    ₹675.00
  • (iii)
    ₹654.00
  • (iv)
    ₹632.00
Question 9
9.
If the marked price of a commodity is ₹20000.00, the rate of sales tax is 10.00% and the rate of discount is 3.00%, the sales tax =
  • (i)
    ₹1770.00
  • (ii)
    ₹1940.00
  • (iii)
    ₹2000.00
  • (iv)
    ₹2160.00
  • (v)
    ₹1790.00
Question 10
10.
If the marked price of a commodity is ₹5000.00, the rate of sales tax is 3.00% and the rate of discount is 13.00%, the selling price =
  • (i)
    ₹4270.00
  • (ii)
    ₹4090.00
  • (iii)
    ₹4350.00
  • (iv)
    ₹4370.00
  • (v)
    ₹4620.00
Question 11
11.
If the marked price of a commodity is ₹18000.00, the rate of sales tax is 5.00% and the rate of discount is 19.00%, the discount =
  • (i)
    ₹3250.00
  • (ii)
    ₹3680.00
  • (iii)
    ₹3420.00
  • (iv)
    ₹3340.00
  • (v)
    ₹3560.00
Question 12
12.
If the marked price of a commodity is ₹15000.00, the rate of sales tax is 9.00% and the rate of discount is 19.00%, the selling price including sales tax =
  • (i)
    ₹13443.50
  • (ii)
    ₹11843.50
  • (iii)
    ₹15743.50
  • (iv)
    ₹11443.50
  • (v)
    ₹13243.50
Question 13
13.
If the price of a commodity inclusive of sales tax is ₹11630.30, the rate of sales tax is 9.00% and the rate of discount is 3.00%, the marked price =
  • (i)
    ₹10200.00
  • (ii)
    ₹11700.00
  • (iii)
    ₹11000.00
  • (iv)
    ₹8200.00
  • (v)
    ₹13600.00
Question 14
14.
If the price of a commodity inclusive of sales tax is ₹17031.60, the rate of sales tax is 8.00% and the rate of discount is 17.00%, the sales tax =
  • (i)
    ₹1231.60
  • (ii)
    ₹1081.60
  • (iii)
    ₹1411.60
  • (iv)
    ₹1521.60
  • (v)
    ₹1261.60
Question 15
15.
If the price of a commodity inclusive of sales tax is ₹15065.60, the rate of sales tax is 7.00% and the rate of discount is 12.00%, the selling price =
  • (i)
    ₹14880.00
  • (ii)
    ₹12780.00
  • (iii)
    ₹16780.00
  • (iv)
    ₹12580.00
  • (v)
    ₹14080.00
Question 16
16.
If the price of a commodity inclusive of sales tax is ₹14508.00, the rate of sales tax is 4.00% and the rate of discount is 7.00%, the discount =
  • (i)
    ₹1310.00
  • (ii)
    ₹1050.00
  • (iii)
    ₹890.00
  • (iv)
    ₹1230.00
  • (v)
    ₹880.00
Question 17
17.
If the price of a commodity inclusive of sales tax is ₹7618.40, the marked price is ₹8000.00 and the rate of discount is 11.00%, the sales tax =
  • (i)
    ₹484.40
  • (ii)
    ₹485.40
  • (iii)
    ₹513.40
  • (iv)
    ₹498.40
  • (v)
    ₹515.40
Question 18
18.
If the price of a commodity inclusive of sales tax is ₹6868.80, the marked price is ₹8000.00 and the rate of discount is 19.00%, the selling price =
  • (i)
    ₹6540.00
  • (ii)
    ₹6480.00
  • (iii)
    ₹6330.00
  • (iv)
    ₹6410.00
  • (v)
    ₹6600.00
Question 19
19.
If the price of a commodity inclusive of sales tax is ₹18468.00, the marked price is ₹19000.00 and the rate of discount is 10.00%, the discount =
  • (i)
    ₹1730.00
  • (ii)
    ₹1900.00
  • (iii)
    ₹1670.00
  • (iv)
    ₹1950.00
  • (v)
    ₹2180.00
Question 20
20.
The price of a commodity inclusive of sales tax of 11.00% is ₹1776.00. If the sales tax is increased to 21.00%, how much the customer has to pay ?
  • (i)
      • ₹160.00
      • more
  • (ii)
      • ₹176.00
      • more
  • (iii)
      • ₹160.00
      • less
  • (iv)
      • ₹176.00
      • less
  • (v)
      • ₹142.00
      • more
Question 21
21.
The price of a commodity inclusive of sales tax of 9.00% is ₹2180.00. If the sales tax is decreased to 1.00%, how much the customer has to pay ?
  • (i)
      • ₹173.00
      • less
  • (ii)
      • ₹160.00
      • less
  • (iii)
      • ₹156.00
      • less
  • (iv)
      • ₹160.00
      • more
  • (v)
      • ₹173.00
      • more
Question 22
22.
A shopkeeper buys a product at a discount of 5.00% from a wholesaler. The printed price of the product is ₹15000.00 and the rate of sales tax paid is 4.00%. The shopkeeper sells it at the printed price and charges tax at the same rate. Find the VAT paid by the shopkeeper.
  • (i)
    ₹32.00
  • (ii)
    ₹28.00
  • (iii)
    ₹29.00
  • (iv)
    ₹31.00
  • (v)
    ₹30.00
Question 23
23.
A manufacturing company produced a machine and sold it to a distributer for ₹17000.00 not including tax, tax rate being 8.00%. The distributor sold it to a retailer for ₹25500.00 plus tax of ₹2040.00 . The retailer sold the machine to the consumer for ₹38250.00 plus tax of ₹3060.00 . Calculate the total amount of tax (under VAT) received by the State Government on this machine.
  • (i)
    ₹3280.00
  • (ii)
    ₹2890.00
  • (iii)
    ₹3060.00
  • (iv)
    ₹3120.00
  • (v)
    ₹2900.00
Question 24
24.
    • A person buys the following items from a departmental store : medicines of worth ₹1300.00, electronic goods of worth ₹800.00, vegetables of worth ₹900.00, grains of worth ₹1400.00. If sales tax is charged at the rate of 8.00% on medicines, 7.00% on electronic goods, 6.00% on vegetables, 5.00% on grains, find the total amount to be paid.
  • (i)
    ₹4844.00
  • (ii)
    ₹4814.00
  • (iii)
    ₹4684.00
  • (iv)
    ₹4524.00
  • (v)
    ₹4604.00
Question 25
25.
A person wants to buy a commodity which costs ₹1590.00. The rate of sales tax is 6.00%. The person tells the shopkeeper to reduce the list price of the commodity such that he has to pay only ₹1590.00, inclusive of sales tax. Find the reduction needed in the price of the commodity.
  • (i)
    ₹90.00
  • (ii)
    ₹87.00
  • (iii)
    ₹93.00
  • (iv)
    ₹95.00
  • (v)
    ₹85.00
Question 26
26.
If the price of a commodity inclusive of sales tax is ₹19292.00, the marked price is ₹20000.00 and the rate of discount is 9.00%, the rate of sales tax =
  • (i)
    7.00%
  • (ii)
    5.00%
  • (iii)
    8.00%
  • (iv)
    6.00%
  • (v)
    4.00%
    Assignment Key

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