Advertisements
Advertisements
Question
The price of a TV is Rs 13,000. The sales tax charged on it is at the rate of 12%. Find the amount that Vinod will have to pay if he buys it.
Solution
Given cost price of television = Rs 13,000
Sales tax rate = 12%
Let purchase price = 100
When purchase price = 100
∴ Amount = C.P `(1 + 12/100)`
= 13000 `(1 + 12/100)`
= ₹14560
APPEARS IN
RELATED QUESTIONS
A dealer buys an article at a discount of 30% from the wholesaler, the marked price being Rs. 6000. The dealer sells it to a shopkeeper at a discount of 10% on the marked price. If the rate of the VAT is 6%, find
1) The price paid by the shopkeeper including the tax.
2) The VAT paid by the dealer
The printed price of an article is Rs 2,500. A wholesaler sells it to a retailer at 20% discount and charges sales tax at the rate of 10%. Now the retailer, in turn, sells the article to a customer at its list price and charges the sales tax at the same rate. Find
1) the amount that retailer pays to the wholesaler.
2) the VAT paid by the retailer.
A wholesaler buys a TV from the manufacturer for Rs 25,000. He marks the price of the TV 20% above his cost price and sells it to a retailer at 10% discount on the marked price. If the rate of the VAT is 8%, find the
1) Marked price.
2) Retailer's cost price inclusive of tax
3) VAT paid by the wholesaler.
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 catalogue price of a colour T.V. is Rs. 18,000. The shopkeeper sells it to a customer at a discount of 20% on the catalogue price. He gives a further off season discount of 10% on the balance. But sales tax at 10% is charges on the remaining amount find:
(i) the sales tax amount, the customer has to pay.
(ii) the final price he has to pay for the colour T.V.
A shopkeeper buys an article for Rs. 7,500 and increases its price. He sells this article for Rs. 9,156 including 9% sales tax on the increased price. Calculate by how much per cent the shopkeeper increases the price of the article.
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.
An electronic showroom increased the marked price of a new gadget by 12% and charged 12% sales tax on the new price. If the selling price of the gadget is now Rs 21,952, find the marked price of the gadget before increase.
______ is charged on the sale of an item by the government and is added to the bill amount.
Prachi bought medicines from a medical store as prescribed by her doctor for Rs 36.40 including 4% VAT. Find the price before VAT was added.
