ICSE Board Practice

Class VI Class VII Class VIII Class IX Class X
ICSE Grade X - Sales Tax and Value Added Tax (VAT)
Question 1
1.
A dealer quotes the price of a commodity as ₹19000.00 plus sales tax at the rate of 6.00% . Find the amount that a buyer has to pay to buy that commodity.
  • ₹20140.00
  • ₹20138.00
  • ₹20139.00
  • ₹20142.00
  • ₹20141.00
Question 2
2.
If the price of a commodity inclusive of sales tax is ₹18868.00, the rate of sales tax is 6.00% and the rate of discount is 11.00%, the sales tax =
  • ₹898.00
  • ₹1288.00
  • ₹1238.00
  • ₹1068.00
  • ₹928.00
Question 3
3.
If the price of a commodity inclusive of sales tax is ₹15606.00, the rate of sales tax is 8.00% and the rate of discount is 15.00%, the marked price =
  • ₹15200.00
  • ₹18300.00
  • ₹17000.00
  • ₹17700.00
  • ₹15400.00
Question 4
4.
A manufacturing company produced a machine and sold it to a distributer for ₹19000.00 not including tax, tax rate being 9.00%. The distributor sold it to a retailer for ₹28500.00 plus tax of ₹2565.00 . The retailer sold the machine to the consumer for ₹42750.00 plus tax of ₹3847.50 . Calculate the total amount of tax (under VAT) received by the State Government on this machine.
  • ₹3797.50
  • ₹3587.50
  • ₹3847.50
  • ₹3907.50
  • ₹4077.50
Question 5
5.
If the marked price of a commodity is ₹8000.00, the rate of sales tax is 4.00% and the rate of discount is 14.00%, the selling price =
  • ₹6880.00
  • ₹6750.00
  • ₹6930.00
  • ₹7150.00
  • ₹6640.00
Question 6
6.
The price of a commodity inclusive of sales tax of 9.00% is ₹1853.00. If the sales tax is increased to 15.00%, how much the customer has to pay ?
      • ₹120.00
      • less
      • ₹120.00
      • more
      • ₹102.00
      • more
      • ₹96.00
      • more
      • ₹102.00
      • less
Question 7
7.
If the price of a commodity inclusive of taxes is ₹21200.00 and the rate of sales tax is 6.00%, the sales tax =
  • ₹1200.00
  • ₹1360.00
  • ₹1050.00
  • ₹1370.00
  • ₹980.00
Question 8
8.
If the price of a commodity inclusive of sales tax is ₹4374.00, the marked price is ₹5000.00 and the rate of discount is 19.00%, the rate of sales tax =
  • 6.00%
  • 9.00%
  • 8.00%
  • 7.00%
  • 10.00%
Question 9
9.
If the marked price of a commodity is ₹17000.00, the rate of sales tax is 6.00% and the rate of discount is 8.00%, the discount =
  • ₹1360.00
  • ₹1380.00
  • ₹1600.00
  • ₹1210.00
  • ₹1290.00
Question 10
10.
If the price of a commodity inclusive of sales tax is ₹7803.00, the rate of sales tax is 2.00% and the rate of discount is 15.00%, the selling price =
  • ₹7470.00
  • ₹7780.00
  • ₹7650.00
  • ₹7600.00
  • ₹7890.00