Advertisements
Advertisements
प्रश्न
Jyotsana bought a product for Rs 3,155 including 4.5% sales tax. Find the price before tax was added.
उत्तर
A product bought by Jyotsana for Rs. 3155 including 4.5% sales tax.
Let the price of the product before sales tax be Rs. x.
So, `x + x xx 4.5/100 = 3155`
⇒ `x + (x xx 45)/1000 = 3155`
⇒ `(1045x)/1000 = 3155` ...[∵ Sales tax included in selling price]
⇒ `x = (3155 xx 1000)/1045`
= `3155000/1045`
= Rs. 3019.1387
⇒ x = Rs. 3019.14
Hence, the price of the product before sales tax is Rs. 3019.14
APPEARS IN
संबंधित प्रश्न
The printed price of an air conditioner is Rs. 45000/-. The wholesaler allows a discount of 10%
to the shopkeeper. The shopkeeper sells the article to the customer at a discount of 5% of the
marked price. Sales tax (under VAT) is charged at the rate of 12% at every stage. Find:
1) VAT paid by the shopkeeper to the government
2) The total amount paid by the customer inclusive of tax.
A wholesaler buys a TV from the manufacturer for Rs. 25,000. He marks the price of TV 20% above his cost price and sells it to a retailer at a 10% discount on the market price. If the rate of the VAT is 8%, find the :
1) Market price
2) Retailer’s cost price inclusive of tax.
3) VAT paid by the wholesaler.
A company sells an article to a dealer for 40,500 including VAT (sales-tax). The dealer sells it to some other dealer for 42,500 plus tax. The second dealer sells it to a customer at a profit of 3,000. If the rate of sales-tax under VAT is 8%, find :
1) The cost of the article (excluding tax) to the first dealer.
2) The total tax (under VAT) received by the Government.
3) The amount that a customer pays for the article.
Hamid purchased some articles costing Rs. 5460. The shopkeeper charged sales tax at 8%. As hamid wanted to take the articles purchased outside the state, the shopkeeper charged 3% as central sales tax on the actual price of the articles. Find the total amount Hamid Had to pay for the articles.
A toy is purchased for Rs. 591.36 which includes 12% rebate on the printed price and 12% sales tax on the sale price of the toy find the printed price of the toy.
The marked price of an article is Rs 17,840 and the sales tax on it is Rs 2,230. Find the rate of sales tax.
Shalini bought an electric washing machine for Rs 24,556.50 which included 15% rebate on the basic price and then 7% sales tax on the remaining price. Find the basic price of the washing Machine.
A manufacturer sells a microwave with a marked price of Rs 11,000 to the distributor for Rs 7,500. The distributor sells it to the retailer at a profit of Rs 1,500. The retailer sells to the customer at the marked price. If tax is charged at 8%, find the VAT paid by the retailer and the price paid by the customer.
In a particular tax period A to Z Emporium purchased Silk Sarees worth Rs 5,00,000 taxable at 12%, Cotton Sarees worth Rs 8,00,000 taxable at 5% and Handloom Sarees worth Rs 3,00,000 exempted from tax. In the same tax period it sold Silk Sarees worth Rs 12,00,000 , Cotton Sarees worth 16,00,000 and Handloom Sarees worth Rs 7,00,000. Silk Sarees worth Rs 40,000 were returned due to manufacturing defect and Cotton Sarees worth Rs 60,000 were returned due to loss of colour. Calculate the tax paid by the firm for this period.
Additional expenses made after buying an article are included in the cost price and are known as Value Added Tax.
