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Sale Tax and Va...

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  • Question 1
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    A shopkeeper buys a LCD TV at a discount of 15% from the wholesaler. The market price of the TV is Rs. 28,000 and the sales tax is charged at 9%. The shopkeeper sells it to the buyer at the market price and charges the same sales tax on it.

    What is the total amount to be paid by the buyer to get that TV?

  • Question 2
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    Mr. Thomas purchased dress materials costing around Rs. 92,650 including 9% sales tax. From these materials, he designed three types of dresses K, L and M. Excluding the tax, these dresses were sold at Rs. 20,000, Rs. 38,000 and Rs. 42,000. The sales tax rates on these dresses are 4%, 8% and 12% respectively.

    Which of the following is the total tax received by Mr. Thomas after selling all the dress materials?

  • Question 3
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    Mr Ram bought a DVD set for Rs. 14,000. He sold it to Sham for Rs. 18,000. Sham sold it to Raj for Rs. 24,000. All the prices are excluding tax. The sales tax is charged at 8%.

    What is the input tax amount paid by Mr. Ram?

  • Question 4
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    Mr Thomas purchased dress materials costing around Rs. 92,650 including the 9% sales tax. From these materials, he designed three types of dresses K, L and M. Excluding the tax, these dresses were sold at Rs. 20,000, Rs. 38,000 and Rs. 42,000. The sales tax rates on these dresses are 4%, 8% and 12% respectively.

    What will be the market price of the dress materials?

  • Question 5
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    The market price of the toy is Rs. 1,200 and the rate of sales tax is 8%. But the customer wants to buy it for Rs. 1,200 including sales tax. So, he requests the seller to reduce the price. Calculate the amount of reduction so that the customer can buy this item.

  • Question 6
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    The catalogue price of a computer set is Rs. 50,000. The shopkeeper gives a discount of 5% on the listed price. He gives a further off - season discount of 3% on the balance. However, sales tax at 8% is charged on the remaining amount. What is the amount of sales tax, a customer has to pay?

  • Question 7
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    The catalogue price of a laptop is Rs. 38,000. The shop has given a discount of 8% on the listed price. Further to this, there is a seasonal discount of 10% on the balance. Calculate the final price to be paid to buy this laptop after applying a sales tax of 8%.

  • Question 8
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    Ram bought a game CD for Rs. 490, which included a discount of 12% on the market price and also a sales tax of 10% on the discount price. What is the market price of that game CD?

  • Question 9
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    The price of an article inclusive of sales tax of 12% is Rs. 4096. If the sales tax is reduced to 8%, how much less does the customer pay for the article?

  • Question 10
    1 / -0

    Mr. Thomas purchased dress materials costing around Rs. 92,650 including 9% sales tax. From these materials, he designed three types of dresses K, L and M. Excluding the tax, these dresses were sold at Rs. 20,000, Rs. 38,000 and Rs. 42,000. The sales tax rates on these dresses are 4%, 8% and 12% respectively.

    What is the value added tax deposited by Mr. Thomas?

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