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 ₹14000.00 plus sales tax at the rate of 2.00% . Find the amount that a buyer has to pay to buy that commodity.
  • (i)
    ₹14282.00
  • (ii)
    ₹14280.00
  • (iii)
    ₹14281.00
  • (iv)
    ₹14278.00
  • (v)
    ₹14279.00
Question 2
2.
The list price of a commodity is ₹13000.00 and the shopkeeper gives a discount of 14.00% . On the remaining amount, he charges 9.00% sales tax. Find the final price the customer has to pay to the shopkeeper.
  • (i)
    ₹12184.20
  • (ii)
    ₹12188.20
  • (iii)
    ₹12185.20
  • (iv)
    ₹12186.20
  • (v)
    ₹12187.20
Question 3
3.
If the marked price of a commodity is ₹5000.00 and the rate of sales tax is 10.00%, the sales tax =
  • (i)
    ₹495.00
  • (ii)
    ₹512.00
  • (iii)
    ₹516.00
  • (iv)
    ₹484.00
  • (v)
    ₹500.00
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)
    ₹18380.00
  • (ii)
    ₹16280.00
  • (iii)
    ₹19080.00
  • (iv)
    ₹17680.00
  • (v)
    ₹15180.00
Question 5
5.
If the price of a commodity inclusive of taxes is ₹11770.00 and the rate of sales tax is 7.00%, the marked price =
  • (i)
    ₹11700.00
  • (ii)
    ₹8200.00
  • (iii)
    ₹12300.00
  • (iv)
    ₹10600.00
  • (v)
    ₹11000.00
Question 6
6.
If the price of a commodity inclusive of taxes is ₹16480.00 and the rate of sales tax is 3.00%, the sales tax =
  • (i)
    ₹477.00
  • (ii)
    ₹494.00
  • (iii)
    ₹463.00
  • (iv)
    ₹480.00
  • (v)
    ₹495.00
Question 7
7.
If the price of a commodity inclusive of sales tax is ₹13650.00 and the marked price is ₹13000.00, the rate of sales tax =
  • (i)
    4.00%
  • (ii)
    7.00%
  • (iii)
    3.00%
  • (iv)
    6.00%
  • (v)
    5.00%
Question 8
8.
If the price of a commodity inclusive of sales tax is ₹5150.00 and the marked price is ₹5000.00, the sales tax =
  • (i)
    ₹148.00
  • (ii)
    ₹128.00
  • (iii)
    ₹154.00
  • (iv)
    ₹175.00
  • (v)
    ₹150.00
Question 9
9.
If the marked price of a commodity is ₹17000.00, the rate of sales tax is 3.00% and the rate of discount is 19.00%, the sales tax =
  • (i)
    ₹413.10
  • (ii)
    ₹390.10
  • (iii)
    ₹421.10
  • (iv)
    ₹395.10
  • (v)
    ₹439.10
Question 10
10.
If the marked price of a commodity is ₹6000.00, the rate of sales tax is 6.00% and the rate of discount is 5.00%, the selling price =
  • (i)
    ₹5550.00
  • (ii)
    ₹5960.00
  • (iii)
    ₹5680.00
  • (iv)
    ₹5700.00
  • (v)
    ₹5730.00
Question 11
11.
If the marked price of a commodity is ₹7000.00, the rate of sales tax is 4.00% and the rate of discount is 9.00%, the discount =
  • (i)
    ₹625.00
  • (ii)
    ₹653.00
  • (iii)
    ₹606.00
  • (iv)
    ₹630.00
  • (v)
    ₹648.00
Question 12
12.
If the marked price of a commodity is ₹18000.00, the rate of sales tax is 5.00% and the rate of discount is 9.00%, the selling price including sales tax =
  • (i)
    ₹16399.00
  • (ii)
    ₹19999.00
  • (iii)
    ₹17899.00
  • (iv)
    ₹17199.00
  • (v)
    ₹14699.00
Question 13
13.
If the price of a commodity inclusive of sales tax is ₹8371.20, the rate of sales tax is 9.00% and the rate of discount is 4.00%, the marked price =
  • (i)
    ₹8000.00
  • (ii)
    ₹8130.00
  • (iii)
    ₹7920.00
  • (iv)
    ₹8260.00
  • (v)
    ₹7750.00
Question 14
14.
If the price of a commodity inclusive of sales tax is ₹5562.00, the rate of sales tax is 3.00% and the rate of discount is 10.00%, the sales tax =
  • (i)
    ₹167.00
  • (ii)
    ₹178.00
  • (iii)
    ₹162.00
  • (iv)
    ₹160.00
  • (v)
    ₹139.00
Question 15
15.
If the price of a commodity inclusive of sales tax is ₹9680.00, the rate of sales tax is 10.00% and the rate of discount is 12.00%, the selling price =
  • (i)
    ₹8580.00
  • (ii)
    ₹8780.00
  • (iii)
    ₹8800.00
  • (iv)
    ₹9050.00
  • (v)
    ₹8930.00
Question 16
16.
If the price of a commodity inclusive of sales tax is ₹5177.50, the rate of sales tax is 9.00% and the rate of discount is 5.00%, the discount =
  • (i)
    ₹228.00
  • (ii)
    ₹257.00
  • (iii)
    ₹234.00
  • (iv)
    ₹278.00
  • (v)
    ₹250.00
Question 17
17.
If the price of a commodity inclusive of sales tax is ₹5676.00, the marked price is ₹6000.00 and the rate of discount is 14.00%, the sales tax =
  • (i)
    ₹510.00
  • (ii)
    ₹516.00
  • (iii)
    ₹504.00
  • (iv)
    ₹524.00
  • (v)
    ₹530.00
Question 18
18.
If the price of a commodity inclusive of sales tax is ₹10946.10, the marked price is ₹11000.00 and the rate of discount is 7.00%, the selling price =
  • (i)
    ₹11630.00
  • (ii)
    ₹8030.00
  • (iii)
    ₹10230.00
  • (iv)
    ₹9530.00
  • (v)
    ₹12030.00
Question 19
19.
If the price of a commodity inclusive of sales tax is ₹15141.00, the marked price is ₹15000.00 and the rate of discount is 2.00%, the discount =
  • (i)
    ₹300.00
  • (ii)
    ₹293.00
  • (iii)
    ₹276.00
  • (iv)
    ₹316.00
  • (v)
    ₹313.00
Question 20
20.
The price of a commodity inclusive of sales tax of 11.00% is ₹1221.00. If the sales tax is increased to 21.00%, how much the customer has to pay ?
  • (i)
      • ₹114.00
      • more
  • (ii)
      • ₹104.00
      • more
  • (iii)
      • ₹110.00
      • more
  • (iv)
      • ₹110.00
      • less
  • (v)
      • ₹114.00
      • less
Question 21
21.
The price of a commodity inclusive of sales tax of 19.00% is ₹1666.00. If the sales tax is decreased to 9.00%, how much the customer has to pay ?
  • (i)
      • ₹154.00
      • more
  • (ii)
      • ₹125.00
      • less
  • (iii)
      • ₹140.00
      • less
  • (iv)
      • ₹140.00
      • more
  • (v)
      • ₹154.00
      • less
Question 22
22.
A shopkeeper buys a product at a discount of 5.00% from a wholesaler. The printed price of the product is ₹8000.00 and the rate of sales tax paid is 10.00%. The shopkeeper sells it at the printed price and charges tax at the same rate. Find the VAT paid by the shopkeeper.
  • (i)
    ₹38.00
  • (ii)
    ₹42.00
  • (iii)
    ₹39.00
  • (iv)
    ₹41.00
  • (v)
    ₹40.00
Question 23
23.
A manufacturing company produced a machine and sold it to a distributer for ₹19000.00 not including tax, tax rate being 5.00%. The distributor sold it to a retailer for ₹28500.00 plus tax of ₹1425.00 . The retailer sold the machine to the consumer for ₹42750.00 plus tax of ₹2137.50 . Calculate the total amount of tax (under VAT) received by the State Government on this machine.
  • (i)
    ₹2007.50
  • (ii)
    ₹2407.50
  • (iii)
    ₹2317.50
  • (iv)
    ₹2137.50
  • (v)
    ₹1897.50
Question 24
24.
    • A person buys the following items from a departmental store : vegetables of worth ₹700.00, beverages of worth ₹1700.00, cosmetics of worth ₹1000.00, fruits of worth ₹600.00. If sales tax is charged at the rate of 4.00% on vegetables, 3.00% on beverages, 2.00% on cosmetics, 5.00% on fruits, find the total amount to be paid.
  • (i)
    ₹4279.00
  • (ii)
    ₹4109.00
  • (iii)
    ₹3959.00
  • (iv)
    ₹4129.00
  • (v)
    ₹4309.00
Question 25
25.
A person wants to buy a commodity which costs ₹1728.00. 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 ₹1728.00, inclusive of sales tax. Find the reduction needed in the price of the commodity.
  • (i)
    ₹106.00
  • (ii)
    ₹144.00
  • (iii)
    ₹141.00
  • (iv)
    ₹122.00
  • (v)
    ₹128.00
Question 26
26.
If the price of a commodity inclusive of sales tax is ₹15779.40, the marked price is ₹17000.00 and the rate of discount is 9.00%, the rate of sales tax =
  • (i)
    1.00%
  • (ii)
    3.00%
  • (iii)
    4.00%
  • (iv)
    0.00%
  • (v)
    2.00%
    Assignment Key

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