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प्रश्न
Additional expenses made after buying an article are included in the cost price and are known as Value Added Tax.
पर्याय
True
False
उत्तर
This statement is False.
Explanation:
In the selling price (known as MRP) include the tax known as VAT (Value Added Tax).
Hence, VAT is always included in selling price.
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संबंधित प्रश्न
A retailer sells an article for Rs 5,350 including 7% sales tax on the listed price. If he bought it at a discount and has made a profit of 25% on the whole, find the rate of discount the retailer received.
A shopkeeper buys an article at 70% of its printed price. He spends Rs. 40 on transportation of the article. After charging sales tax at the rate of 10% on the printed price, he sells the article for Rs. 7,040. Find his profit as per cent to the nearest integer.
The list price of a refrigerator is Rs 9700. If a value added tax of 6% is to be charged on it, how much one has to pay to buy the refrigerator?
Aman bought a shirt for Rs 374.50 which includes 7% VAT. Find the list price of the shirt.
The marked price and the rate of sales tax of different items are given below. Calculate the amount to be paid for each of them:
| S.No | Item | Maeked Price | Sales Tax |
| i | Walkman | Rs.1,750.00 | 8.5% |
| ii | Washing Machine | Rs.14,840.00 | 7.5% |
| iii | Computer | Rs.32,725.00 | 12% |
| iv | Sofa set | Rs.16,000.00 | 11.5% |
| v | T.V. | Rs.28,975.00 | 16% |
| vi | Jacket | Rs.1,260.00 | 10% |
| vii | Camera | Rs.4,500.00 | 9% |
| viii | Air conditioner | Rs.21,650.00 | 14% |
Due to a seasonal change the dealer increased the marked price of his goods by 20%. Sales tax of 5% was charged on the new price. The selling price of the goods was now Rs 6,048. Find the original marked price.
Trader A buys a washing machine from the manufacturer for Rs 12,500. He sells it to trader B at a profit of Rs 1,500. Trader B sells it to the customer at a profit of Rs 1,000. If the rate of tax is 8%, find the amount of tax received by the government and the total amount paid by the customer for the machine.
The table shows the cost of sunscreen of two brands with and without sales tax. Which brand has a greater sales tax rate? Give the sales tax rate of each brand.
| Cost (in Rs) |
Cost + Tax (in Rs) |
|
| 1. X (100 gm) | 70 | 75 |
| 2. Y (100 gm) | 62 | 65 |
A shopkeeper in Punjab buys an article at a printed price of ₹ 20,000 from a wholesaler in Delhi. The shopkeeper sells the article to a customer in Punjab at a profit of 25% on the cost price. If the rate of GST is 18%, find:
- the price of the article (inclusive of GST) for the shopkeeper.
- the amount of tax, under GST, paid by the shopkeeper to the government.
