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 8.00% . Find the amount that a buyer has to pay to buy that commodity.
  • (i)
    ₹10801.00
  • (ii)
    ₹10798.00
  • (iii)
    ₹10800.00
  • (iv)
    ₹10799.00
  • (v)
    ₹10802.00
Question 2
2.
The list price of a commodity is ₹9000.00 and the shopkeeper gives a discount of 7.00% . On the remaining amount, he charges 9.00% sales tax. Find the final price the customer has to pay to the shopkeeper.
  • (i)
    ₹9125.30
  • (ii)
    ₹9124.30
  • (iii)
    ₹9122.30
  • (iv)
    ₹9123.30
  • (v)
    ₹9121.30
Question 3
3.
If the marked price of a commodity is ₹15000.00 and the rate of sales tax is 2.00%, the sales tax =
  • (i)
    ₹296.00
  • (ii)
    ₹283.00
  • (iii)
    ₹302.00
  • (iv)
    ₹300.00
  • (v)
    ₹324.00
Question 4
4.
If the marked price of a commodity is ₹12000.00 and the rate of sales tax is 5.00%, the selling price including sales tax =
  • (i)
    ₹12600.00
  • (ii)
    ₹14200.00
  • (iii)
    ₹13900.00
  • (iv)
    ₹10900.00
  • (v)
    ₹11200.00
Question 5
5.
If the price of a commodity inclusive of taxes is ₹15300.00 and the rate of sales tax is 2.00%, the marked price =
  • (i)
    ₹14400.00
  • (ii)
    ₹15000.00
  • (iii)
    ₹16500.00
  • (iv)
    ₹17600.00
  • (v)
    ₹13300.00
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)
    ₹2170.00
  • (ii)
    ₹1860.00
  • (iii)
    ₹2000.00
  • (iv)
    ₹2080.00
  • (v)
    ₹1830.00
Question 7
7.
If the price of a commodity inclusive of sales tax is ₹9180.00 and the marked price is ₹9000.00, the rate of sales tax =
  • (i)
    3.00%
  • (ii)
    1.00%
  • (iii)
    4.00%
  • (iv)
    2.00%
  • (v)
    0.00%
Question 8
8.
If the price of a commodity inclusive of sales tax is ₹22000.00 and the marked price is ₹20000.00, the sales tax =
  • (i)
    ₹1880.00
  • (ii)
    ₹2020.00
  • (iii)
    ₹2000.00
  • (iv)
    ₹2150.00
  • (v)
    ₹1830.00
Question 9
9.
If the marked price of a commodity is ₹18000.00, the rate of sales tax is 7.00% and the rate of discount is 14.00%, the sales tax =
  • (i)
    ₹1063.60
  • (ii)
    ₹1213.60
  • (iii)
    ₹833.60
  • (iv)
    ₹1083.60
  • (v)
    ₹1343.60
Question 10
10.
If the marked price of a commodity is ₹16000.00, the rate of sales tax is 10.00% and the rate of discount is 3.00%, the selling price =
  • (i)
    ₹13920.00
  • (ii)
    ₹17220.00
  • (iii)
    ₹14220.00
  • (iv)
    ₹15520.00
  • (v)
    ₹16720.00
Question 11
11.
If the marked price of a commodity is ₹12000.00, the rate of sales tax is 6.00% and the rate of discount is 5.00%, the discount =
  • (i)
    ₹575.00
  • (ii)
    ₹593.00
  • (iii)
    ₹600.00
  • (iv)
    ₹616.00
  • (v)
    ₹618.00
Question 12
12.
If the marked price of a commodity is ₹17000.00, the rate of sales tax is 9.00% and the rate of discount is 20.00%, the selling price including sales tax =
  • (i)
    ₹13624.00
  • (ii)
    ₹17224.00
  • (iii)
    ₹12224.00
  • (iv)
    ₹16524.00
  • (v)
    ₹14824.00
Question 13
13.
If the price of a commodity inclusive of sales tax is ₹7992.80, the rate of sales tax is 3.00% and the rate of discount is 3.00%, the marked price =
  • (i)
    ₹8220.00
  • (ii)
    ₹7960.00
  • (iii)
    ₹8180.00
  • (iv)
    ₹7760.00
  • (v)
    ₹8000.00
Question 14
14.
If the price of a commodity inclusive of sales tax is ₹14688.00, the rate of sales tax is 8.00% and the rate of discount is 20.00%, the sales tax =
  • (i)
    ₹948.00
  • (ii)
    ₹1218.00
  • (iii)
    ₹1028.00
  • (iv)
    ₹1088.00
  • (v)
    ₹1268.00
Question 15
15.
If the price of a commodity inclusive of sales tax is ₹4840.00, the rate of sales tax is 10.00% and the rate of discount is 12.00%, the selling price =
  • (i)
    ₹4530.00
  • (ii)
    ₹4580.00
  • (iii)
    ₹4140.00
  • (iv)
    ₹4320.00
  • (v)
    ₹4400.00
Question 16
16.
If the price of a commodity inclusive of sales tax is ₹9672.00, the rate of sales tax is 4.00% and the rate of discount is 7.00%, the discount =
  • (i)
    ₹676.00
  • (ii)
    ₹708.00
  • (iii)
    ₹700.00
  • (iv)
    ₹698.00
  • (v)
    ₹723.00
Question 17
17.
If the price of a commodity inclusive of sales tax is ₹16284.30, the marked price is ₹17000.00 and the rate of discount is 7.00%, the sales tax =
  • (i)
    ₹458.30
  • (ii)
    ₹497.30
  • (iii)
    ₹466.30
  • (iv)
    ₹491.30
  • (v)
    ₹474.30
Question 18
18.
If the price of a commodity inclusive of sales tax is ₹21120.00, the marked price is ₹20000.00 and the rate of discount is 4.00%, the selling price =
  • (i)
    ₹19200.00
  • (ii)
    ₹20700.00
  • (iii)
    ₹20600.00
  • (iv)
    ₹18500.00
  • (v)
    ₹16800.00
Question 19
19.
If the price of a commodity inclusive of sales tax is ₹16150.40, the marked price is ₹16000.00 and the rate of discount is 2.00%, the discount =
  • (i)
    ₹320.00
  • (ii)
    ₹337.00
  • (iii)
    ₹306.00
  • (iv)
    ₹324.00
  • (v)
    ₹293.00
Question 20
20.
The price of a commodity inclusive of sales tax of 18.00% is ₹1888.00. If the sales tax is increased to 30.00%, how much the customer has to pay ?
  • (i)
      • ₹192.00
      • less
  • (ii)
      • ₹194.00
      • less
  • (iii)
      • ₹194.00
      • more
  • (iv)
      • ₹179.00
      • more
  • (v)
      • ₹192.00
      • more
Question 21
21.
The price of a commodity inclusive of sales tax of 6.00% is ₹1060.00. If the sales tax is decreased to 1.00%, how much the customer has to pay ?
  • (i)
      • ₹50.00
      • more
  • (ii)
      • ₹47.00
      • less
  • (iii)
      • ₹50.00
      • less
  • (iv)
      • ₹53.00
      • more
  • (v)
      • ₹53.00
      • less
Question 22
22.
A shopkeeper buys a product at a discount of 2.00% from a wholesaler. The printed price of the product is ₹20000.00 and the rate of sales tax paid is 3.00%. The shopkeeper sells it at the printed price and charges tax at the same rate. Find the VAT paid by the shopkeeper.
  • (i)
    ₹10.00
  • (ii)
    ₹13.00
  • (iii)
    ₹11.00
  • (iv)
    ₹14.00
  • (v)
    ₹12.00
Question 23
23.
A manufacturing company produced a machine and sold it to a distributer for ₹17000.00 not including tax, tax rate being 4.00%. The distributor sold it to a retailer for ₹25500.00 plus tax of ₹1020.00 . The retailer sold the machine to the consumer for ₹38250.00 plus tax of ₹1530.00 . Calculate the total amount of tax (under VAT) received by the State Government on this machine.
  • (i)
    ₹1610.00
  • (ii)
    ₹1530.00
  • (iii)
    ₹1460.00
  • (iv)
    ₹1810.00
  • (v)
    ₹1390.00
Question 24
24.
    • A person buys the following items from a departmental store : beverages of worth ₹1100.00, medicines of worth ₹2000.00, vegetables of worth ₹1600.00, pair of shoes of worth ₹700.00. If sales tax is charged at the rate of 8.00% on beverages, 9.00% on medicines, 2.00% on vegetables, 4.00% on pair of shoes, find the total amount to be paid.
  • (i)
    ₹5878.00
  • (ii)
    ₹5868.00
  • (iii)
    ₹5488.00
  • (iv)
    ₹5558.00
  • (v)
    ₹5728.00
Question 25
25.
A person wants to buy a commodity which costs ₹927.00. The rate of sales tax is 3.00%. The person tells the shopkeeper to reduce the list price of the commodity such that he has to pay only ₹927.00, inclusive of sales tax. Find the reduction needed in the price of the commodity.
  • (i)
    ₹30.00
  • (ii)
    ₹32.00
  • (iii)
    ₹27.00
  • (iv)
    ₹22.00
  • (v)
    ₹24.00
Question 26
26.
If the price of a commodity inclusive of sales tax is ₹9801.00, the marked price is ₹11000.00 and the rate of discount is 19.00%, the rate of sales tax =
  • (i)
    13.00%
  • (ii)
    15.00%
  • (iii)
    10.00%
  • (iv)
    7.00%
  • (v)
    5.00%
    Assignment Key

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