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 ₹12545.40, the marked price is ₹14000.00 and the rate of discount is 13.00%, the rate of sales tax =
  • 3.00%
  • 1.00%
  • 4.00%
  • 2.00%
  • 5.00%
Question 2
2.
If the price of a commodity inclusive of sales tax is ₹8829.00, the marked price is ₹10000.00 and the rate of discount is 19.00%, the selling price =
  • ₹8030.00
  • ₹7840.00
  • ₹8230.00
  • ₹8120.00
  • ₹8100.00
Question 3
3.
If the price of a commodity inclusive of sales tax is ₹17340.00 and the marked price is ₹17000.00, the sales tax =
  • ₹348.00
  • ₹325.00
  • ₹340.00
  • ₹367.00
  • ₹314.00
Question 4
4.
If the price of a commodity inclusive of sales tax is ₹13965.00, the marked price is ₹14000.00 and the rate of discount is 5.00%, the discount =
  • ₹704.00
  • ₹713.00
  • ₹700.00
  • ₹688.00
  • ₹687.00
Question 5
5.
The list price of a commodity is ₹11000.00 and the shopkeeper gives a discount of 17.00% . On the remaining amount, he charges 2.00% sales tax. Find the final price the customer has to pay to the shopkeeper.
  • ₹9314.60
  • ₹9313.60
  • ₹9312.60
  • ₹9311.60
  • ₹9310.60
Question 6
6.
If the price of a commodity inclusive of sales tax is ₹8720.00, the rate of sales tax is 9.00% and the rate of discount is 20.00%, the selling price =
  • ₹8000.00
  • ₹8220.00
  • ₹8060.00
  • ₹7870.00
  • ₹7850.00
Question 7
7.
If the marked price of a commodity is ₹16000.00 and the rate of sales tax is 3.00%, the selling price including sales tax =
  • ₹16980.00
  • ₹15180.00
  • ₹18080.00
  • ₹16480.00
  • ₹15780.00
Question 8
8.
The price of a commodity inclusive of sales tax of 15.00% is ₹805.00. If the sales tax is decreased to 8.00%, how much the customer has to pay ?
      • ₹46.00
      • less
      • ₹52.00
      • less
      • ₹52.00
      • more
      • ₹49.00
      • less
      • ₹49.00
      • more
Question 9
9.
If the marked price of a commodity is ₹10000.00, the rate of sales tax is 3.00% and the rate of discount is 2.00%, the selling price including sales tax =
  • ₹9294.00
  • ₹11694.00
  • ₹10394.00
  • ₹7794.00
  • ₹10094.00
Question 10
10.
If the price of a commodity inclusive of sales tax is ₹4635.00, the marked price is ₹5000.00 and the rate of discount is 10.00%, the sales tax =
  • ₹123.00
  • ₹135.00
  • ₹139.00
  • ₹151.00
  • ₹118.00