ICSE Board Practice

ICSE Grade X - Sales Tax and Value Added Tax (VAT)
Question 1
1.
If the price of a commodity inclusive of sales tax is ₹15422.40, the rate of sales tax is 2.00% and the rate of discount is 16.00%, the discount =
  • ₹2750.00
  • ₹2920.00
  • ₹2720.00
  • ₹2880.00
  • ₹3010.00
Question 2
2.
A shopkeeper buys a product at a discount of 2.00% from a wholesaler. The printed price of the product is ₹19000.00 and the rate of sales tax paid is 8.00%. The shopkeeper sells it at the printed price and charges tax at the same rate. Find the VAT paid by the shopkeeper.
  • ₹31.40
  • ₹30.40
  • ₹29.40
  • ₹28.40
  • ₹32.40
Question 3
3.
If the marked price of a commodity is ₹18000.00, the rate of sales tax is 5.00% and the rate of discount is 15.00%, the selling price including sales tax =
  • ₹16065.00
  • ₹13865.00
  • ₹16365.00
  • ₹18665.00
  • ₹15865.00
Question 4
4.
    • A person buys the following items from a departmental store : clothes of worth ₹700.00, bakery products of worth ₹800.00, beverages of worth ₹800.00, fruits of worth ₹1200.00. If sales tax is charged at the rate of 4.00% on clothes, 5.00% on bakery products, 2.00% on beverages, 6.00% on fruits, find the total amount to be paid.
  • ₹3736.00
  • ₹3656.00
  • ₹3796.00
  • ₹3416.00
  • ₹3506.00
Question 5
5.
The price of a commodity inclusive of sales tax of 13.00% is ₹678.00. If the sales tax is decreased to 3.00%, how much the customer has to pay ?
      • ₹57.00
      • less
      • ₹63.00
      • more
      • ₹60.00
      • more
      • ₹60.00
      • less
      • ₹63.00
      • less
Question 6
6.
If the price of a commodity inclusive of sales tax is ₹4686.50, the rate of sales tax is 3.00% and the rate of discount is 9.00%, the selling price =
  • ₹4730.00
  • ₹4380.00
  • ₹4550.00
  • ₹4680.00
  • ₹4430.00
Question 7
7.
If the price of a commodity inclusive of sales tax is ₹5724.00, the marked price is ₹6000.00 and the rate of discount is 10.00%, the sales tax =
  • ₹319.00
  • ₹338.00
  • ₹341.00
  • ₹324.00
  • ₹311.00
Question 8
8.
A dealer quotes the price of a commodity as ₹18000.00 plus sales tax at the rate of 6.00% . Find the amount that a buyer has to pay to buy that commodity.
  • ₹19081.00
  • ₹19080.00
  • ₹19078.00
  • ₹19082.00
  • ₹19079.00
Question 9
9.
If the marked price of a commodity is ₹12000.00 and the rate of sales tax is 10.00%, the selling price including sales tax =
  • ₹14700.00
  • ₹12000.00
  • ₹12800.00
  • ₹14500.00
  • ₹13200.00
Question 10
10.
If the price of a commodity inclusive of sales tax is ₹13197.00, the rate of sales tax is 6.00% and the rate of discount is 17.00%, the marked price =
  • ₹13700.00
  • ₹15000.00
  • ₹13600.00
  • ₹15800.00
  • ₹16300.00