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 ₹12000.00 plus sales tax at the rate of 5.00% . Find the amount that a buyer has to pay to buy that commodity.
  • (i)
    ₹12598.00
  • (ii)
    ₹12600.00
  • (iii)
    ₹12602.00
  • (iv)
    ₹12599.00
  • (v)
    ₹12601.00
Question 2
2.
The list price of a commodity is ₹17000.00 and the shopkeeper gives a discount of 11.00% . On the remaining amount, he charges 9.00% sales tax. Find the final price the customer has to pay to the shopkeeper.
  • (i)
    ₹16491.70
  • (ii)
    ₹16493.70
  • (iii)
    ₹16490.70
  • (iv)
    ₹16489.70
  • (v)
    ₹16492.70
Question 3
3.
If the marked price of a commodity is ₹13000.00 and the rate of sales tax is 5.00%, the sales tax =
  • (i)
    ₹650.00
  • (ii)
    ₹665.00
  • (iii)
    ₹668.00
  • (iv)
    ₹648.00
  • (v)
    ₹637.00
Question 4
4.
If the marked price of a commodity is ₹9000.00 and the rate of sales tax is 5.00%, the selling price including sales tax =
  • (i)
    ₹9220.00
  • (ii)
    ₹9590.00
  • (iii)
    ₹9300.00
  • (iv)
    ₹9450.00
  • (v)
    ₹9670.00
Question 5
5.
If the price of a commodity inclusive of taxes is ₹21000.00 and the rate of sales tax is 5.00%, the marked price =
  • (i)
    ₹17200.00
  • (ii)
    ₹21800.00
  • (iii)
    ₹20000.00
  • (iv)
    ₹21500.00
  • (v)
    ₹19400.00
Question 6
6.
If the price of a commodity inclusive of taxes is ₹10600.00 and the rate of sales tax is 6.00%, the sales tax =
  • (i)
    ₹586.00
  • (ii)
    ₹600.00
  • (iii)
    ₹578.00
  • (iv)
    ₹617.00
  • (v)
    ₹602.00
Question 7
7.
If the price of a commodity inclusive of sales tax is ₹7210.00 and the marked price is ₹7000.00, the rate of sales tax =
  • (i)
    3.00%
  • (ii)
    2.00%
  • (iii)
    1.00%
  • (iv)
    4.00%
  • (v)
    5.00%
Question 8
8.
If the price of a commodity inclusive of sales tax is ₹10200.00 and the marked price is ₹10000.00, the sales tax =
  • (i)
    ₹217.00
  • (ii)
    ₹186.00
  • (iii)
    ₹200.00
  • (iv)
    ₹228.00
Question 9
9.
If the marked price of a commodity is ₹10000.00, the rate of sales tax is 7.00% and the rate of discount is 7.00%, the sales tax =
  • (i)
    ₹655.00
  • (ii)
    ₹651.00
  • (iii)
    ₹634.00
  • (iv)
    ₹628.00
  • (v)
    ₹663.00
Question 10
10.
If the marked price of a commodity is ₹13000.00, the rate of sales tax is 9.00% and the rate of discount is 12.00%, the selling price =
  • (i)
    ₹14040.00
  • (ii)
    ₹9640.00
  • (iii)
    ₹9240.00
  • (iv)
    ₹11740.00
  • (v)
    ₹11440.00
Question 11
11.
If the marked price of a commodity is ₹15000.00, the rate of sales tax is 2.00% and the rate of discount is 5.00%, the discount =
  • (i)
    ₹750.00
  • (ii)
    ₹724.00
  • (iii)
    ₹736.00
  • (iv)
    ₹773.00
  • (v)
    ₹753.00
Question 12
12.
If the marked price of a commodity is ₹8000.00, the rate of sales tax is 5.00% and the rate of discount is 2.00%, the selling price including sales tax =
  • (i)
    ₹7982.00
  • (ii)
    ₹8272.00
  • (iii)
    ₹8232.00
  • (iv)
    ₹8092.00
  • (v)
    ₹8362.00
Question 13
13.
If the price of a commodity inclusive of sales tax is ₹9900.00, the rate of sales tax is 10.00% and the rate of discount is 10.00%, the marked price =
  • (i)
    ₹7400.00
  • (ii)
    ₹10000.00
  • (iii)
    ₹11700.00
  • (iv)
    ₹9500.00
  • (v)
    ₹10800.00
Question 14
14.
If the price of a commodity inclusive of sales tax is ₹10670.00, the rate of sales tax is 10.00% and the rate of discount is 3.00%, the sales tax =
  • (i)
    ₹970.00
  • (ii)
    ₹947.00
  • (iii)
    ₹998.00
  • (iv)
    ₹982.00
  • (v)
    ₹955.00
Question 15
15.
If the price of a commodity inclusive of sales tax is ₹20492.00, the rate of sales tax is 9.00% and the rate of discount is 6.00%, the selling price =
  • (i)
    ₹18800.00
  • (ii)
    ₹17000.00
  • (iii)
    ₹17500.00
  • (iv)
    ₹20600.00
  • (v)
    ₹19500.00
Question 16
16.
If the price of a commodity inclusive of sales tax is ₹6069.00, the rate of sales tax is 2.00% and the rate of discount is 15.00%, the discount =
  • (i)
    ₹1050.00
  • (ii)
    ₹1180.00
  • (iii)
    ₹1230.00
  • (iv)
    ₹890.00
  • (v)
    ₹1000.00
Question 17
17.
If the price of a commodity inclusive of sales tax is ₹15408.00, the marked price is ₹15000.00 and the rate of discount is 4.00%, the sales tax =
  • (i)
    ₹1148.00
  • (ii)
    ₹878.00
  • (iii)
    ₹1008.00
  • (iv)
    ₹858.00
  • (v)
    ₹1128.00
Question 18
18.
If the price of a commodity inclusive of sales tax is ₹5562.00, the marked price is ₹6000.00 and the rate of discount is 10.00%, the selling price =
  • (i)
    ₹5260.00
  • (ii)
    ₹5570.00
  • (iii)
    ₹5330.00
  • (iv)
    ₹5650.00
  • (v)
    ₹5400.00
Question 19
19.
If the price of a commodity inclusive of sales tax is ₹18792.00, the marked price is ₹20000.00 and the rate of discount is 13.00%, the discount =
  • (i)
    ₹2420.00
  • (ii)
    ₹2770.00
  • (iii)
    ₹2740.00
  • (iv)
    ₹2430.00
  • (v)
    ₹2600.00
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 34.00%, how much the customer has to pay ?
  • (i)
      • ₹165.00
      • less
  • (ii)
      • ₹173.00
      • less
  • (iii)
      • ₹165.00
      • more
  • (iv)
      • ₹162.00
      • more
  • (v)
      • ₹173.00
      • more
Question 21
21.
The price of a commodity inclusive of sales tax of 12.00% is ₹784.00. If the sales tax is decreased to 3.00%, how much the customer has to pay ?
  • (i)
      • ₹63.00
      • less
  • (ii)
      • ₹66.00
      • less
  • (iii)
      • ₹63.00
      • more
  • (iv)
      • ₹60.00
      • less
  • (v)
      • ₹66.00
      • 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 ₹5000.00 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)
    ₹14.00
  • (ii)
    ₹17.00
  • (iii)
    ₹16.00
  • (iv)
    ₹15.00
  • (v)
    ₹18.00
Question 23
23.
A manufacturing company produced a machine and sold it to a distributer for ₹13000.00 not including tax, tax rate being 7.00%. The distributor sold it to a retailer for ₹16250.00 plus tax of ₹1137.50 . The retailer sold the machine to the consumer for ₹20312.50 plus tax of ₹1421.88 . Calculate the total amount of tax (under VAT) received by the State Government on this machine.
  • (i)
    ₹1471.88
  • (ii)
    ₹1281.88
  • (iii)
    ₹1351.88
  • (iv)
    ₹1421.88
  • (v)
    ₹1661.88
Question 24
24.
    • A person buys the following items from a departmental store : medicines of worth ₹1800.00, vegetables of worth ₹2000.00, electronic goods of worth ₹500.00, clothes of worth ₹2000.00. If sales tax is charged at the rate of 9.00% on medicines, 7.00% on vegetables, 8.00% on electronic goods, 3.00% on clothes, find the total amount to be paid.
  • (i)
    ₹6702.00
  • (ii)
    ₹6882.00
  • (iii)
    ₹6552.00
  • (iv)
    ₹6742.00
  • (v)
    ₹6632.00
Question 25
25.
A person wants to buy a commodity which costs ₹763.00. The rate of sales tax is 9.00%. The person tells the shopkeeper to reduce the list price of the commodity such that he has to pay only ₹763.00, inclusive of sales tax. Find the reduction needed in the price of the commodity.
  • (i)
    ₹68.00
  • (ii)
    ₹60.00
  • (iii)
    ₹66.00
  • (iv)
    ₹58.00
  • (v)
    ₹63.00
Question 26
26.
If the price of a commodity inclusive of sales tax is ₹7987.20, the marked price is ₹8000.00 and the rate of discount is 4.00%, the rate of sales tax =
  • (i)
    6.00%
  • (ii)
    2.00%
  • (iii)
    5.00%
  • (iv)
    3.00%
  • (v)
    4.00%
    Assignment Key

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