Sales Tax MCQ Quiz in मल्याळम - Objective Question with Answer for Sales Tax - സൗജന്യ PDF ഡൗൺലോഡ് ചെയ്യുക

Let the discounted price be Rs. ‘x’

Customer pays Rs. 3,402 as the price including the sales tax and charges a sales tax of 8% on the discounted price.

Therefore,

108% of discounted price = 3402

⇒ (108/100) × x = 3402

⇒x = (3402 ×100)/108

⇒x = Rs.3150

Shopkeeper allows a discount of 10% on the marked price.

Therefore,

90% of M.P = discounted price

\(\Rightarrow \frac{{90}}{{100}} \times M.P = 3150\)

⇒ \(M.P = \frac{{3150 \times 100}}{{90}}\)

Given:

Price after GST = Rs.784

GST = 12%

Formula used:

Original Price = (Original Price + GST) -  [GST x original price) /100 ]

Calculation:

Let, m = Original Price

m = 784 - 0.12m

Solution:

1.12m = 784

m= 700

Hence, The original price was Rs. 700.

Given, price of the house = x lakh

Since, The owner of the house sold it for 25% more than she paid for it

∴ Price at which she sold the house = x + 0.25 x = x + x/4 = 5x/4

∴ Her gain = 5x/4 – x = x/4

Given:

Selling price = Rs. 3,068.5

Concept used:

Selling price = Marked price × (100 - Discount)%

Calculation:

Let the Marked price be 100a

According to the question,

100a × 0.95 × 0.85 = 3068.5

⇒ 80.75a = 3068.5

⇒ a = 38

⇒ 100a = 3800

So, the marked price = Rs. 3,800

∴ The marked price is Rs. 3,800.

Worth of Laptops = Rs. 210000

Duty on laptops = 210000 × (10/100) = 21000

Worth of Mobile phones = Rs. 100000

Duty on Mobile phones = 100000 × 8/100 = 8000

Worth of Television sets = Rs. 150000

Duty on Television sets = 150000 × (5/100) = 7500

Formula Used:

Now, let the rate of sales tax be ‘x%’,

⇒ Selling price of 1 article with sales tax = [(100 + x) × SP]/100

Calculation:

Without any sales tax, selling price of 600 articles = Cost price of 750 articles

⇒ 600 × SP = 750 × CP

⇒ SP/CP = 750/600

⇒ SP/CP = 5/4  ----(1)

With sales tax, selling price of 450 articles = Cost price of 630 articles

⇒ 450 × [(100 + x) × SP]/100 = 630 × CP

⇒ (100 + x) × SP = [(630 × 100)/450] × CP

⇒ (100 + x) × SP = 140 × CP

⇒ SP/CP = 140/(100 + x)  ----(2)

Equating (1) and (2), we get,

⇒ 5/4 = 140/(100 + x)

⇒ 500 + 5x = 560

⇒ x = 60/5 = 12%

∴ Rate of sales tax = 12%

CP and SP ratio without tax = 600/750 = 4/5 = 20/25

CP and SP ratio with tax = 450/630 = 5/7 = 20/28

Hence, SP without tax is 25 and with tax is 28. Hence, tax is 3.

∴ Required percentage = (3/25) × 100 = 12% 

Given:

Discount = 5%

Sales tax = 10%

Marked price = Rs. 35600

Formula Used:

SP = MP - D

SP = {(100 - D%)/100} × MP

Where SP = Selling price, MP = Marked price and D = Discount

Calculation:

According to the question,

Amount to be paid by the customer = {(100 - D%)/100} × MP

⇒ (95/100) × (110/100) × 35600

⇒ (95/10) × 11 × 356

⇒ 37,202

∴ The amount to be paid by the customer is Rs. 37,202.

Total Price = 150

Tax paid = Rs. 10

Tax = 10%

Let the taxable purchases = Rs x

⇒ 10% of x = 10

⇒ 0.1x = 10

∴ x = 100

Given:

Discount = 10%

Sales Tax = 8%

Price including tax = ₹34,020

Formula used:

Let the marked price be M

Discounted Price = M × (1 - Discount%)

Price including tax = Discounted Price × (1 + Sales Tax%)

Calculation:

Let the marked price be M

Discounted Price = M × (1 - 0.10)

⇒ Discounted Price = M × 0.90

Price including tax = Discounted Price × (1 + 0.08)

⇒ ₹34,020 = M × 0.90 × 1.08

⇒ ₹34,020 = M × 0.972

⇒ M = ₹34,020 / 0.972

⇒ M = ₹35,000

∴ The correct answer is option 1.

Given:

Price of an air cooler with tax = Rs. 3,300

Tax on air cooler = 10%

Calculation:

⇒ Let the cost of the air cooler before tax added be Rs x.

⇒ Value added tax (VAT) = 10% of x = 0.1x

⇒ Cost after VAT added = x + 0.1x = 1.1x

⇒ Given cost of cooler = Rs 3300

⇒ 1.1x = 3300

⇒ x = \(\frac{3300}{1.1}\)

⇒ x = 3000

Therefore, the price of the air cooler before tax was added is Rs. 3,000