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 ₹17884.80, the rate of sales tax is 8.00% and the rate of discount is 8.00%, the sales tax =
  • ₹1544.80
  • ₹1254.80
  • ₹1324.80
  • ₹1344.80
  • ₹1084.80
Question 2
2.
If the price of a commodity inclusive of sales tax is ₹15600.00 and the marked price is ₹15000.00, the rate of sales tax =
  • 6.00%
  • 4.00%
  • 3.00%
  • 5.00%
  • 2.00%
Question 3
3.
If the marked price of a commodity is ₹9000.00, the rate of sales tax is 2.00% and the rate of discount is 7.00%, the discount =
  • ₹630.00
  • ₹646.00
  • ₹612.00
Question 4
4.
The price of a commodity inclusive of sales tax of 11.00% is ₹2109.00. If the sales tax is decreased to 1.00%, how much the customer has to pay ?
      • ₹202.00
      • more
      • ₹190.00
      • more
      • ₹202.00
      • less
      • ₹174.00
      • less
      • ₹190.00
      • less
Question 5
5.
If the price of a commodity inclusive of sales tax is ₹7812.00, the marked price is ₹8000.00 and the rate of discount is 7.00%, the rate of sales tax =
  • 5.00%
  • 3.00%
  • 4.00%
  • 6.00%
  • 7.00%
Question 6
6.
A manufacturing company produced a machine and sold it to a distributer for ₹16000.00 not including tax, tax rate being 6.00%. The distributor sold it to a retailer for ₹20000.00 plus tax of ₹1200.00 . The retailer sold the machine to the consumer for ₹25000.00 plus tax of ₹1500.00 . Calculate the total amount of tax (under VAT) received by the State Government on this machine.
  • ₹1340.00
  • ₹1370.00
  • ₹1560.00
  • ₹1780.00
  • ₹1500.00
Question 7
7.
If the price of a commodity inclusive of sales tax is ₹10876.80, the marked price is ₹12000.00 and the rate of discount is 12.00%, the sales tax =
  • ₹299.80
  • ₹332.80
  • ₹316.80
  • ₹324.80
  • ₹290.80
Question 8
8.
A dealer quotes the price of a commodity as ₹5000.00 plus sales tax at the rate of 5.00% . Find the amount that a buyer has to pay to buy that commodity.
  • ₹5251.00
  • ₹5252.00
  • ₹5249.00
  • ₹5248.00
  • ₹5250.00
Question 9
9.
If the price of a commodity inclusive of sales tax is ₹18246.60, the rate of sales tax is 9.00% and the rate of discount is 7.00%, the discount =
  • ₹1260.00
  • ₹1530.00
  • ₹1440.00
  • ₹1030.00
  • ₹1200.00
Question 10
10.
The list price of a commodity is ₹18000.00 and the shopkeeper gives a discount of 4.00% . On the remaining amount, he charges 4.00% sales tax. Find the final price the customer has to pay to the shopkeeper.
  • ₹17969.20
  • ₹17973.20
  • ₹17972.20
  • ₹17970.20
  • ₹17971.20