Page 1
1 . T h e m a r k e d p r i c e a n d t h e r a t e o f s a l e s t a x o f d i f f e r e n t i t e m s a r e g i v e n b e l o w .
C a l c u l a t e t h e a m o u n t t o b e p a i d f o r e a c h o f t h e m :
S . N o . I t e m M a r k e d P r i c e R a t e o f S a l e s T a x
( i ) W a l k m a n ? 1 , 7 5 0 . 0 0 8 . 5 %
( i i ) W a s h i n g m a c h i n e ? 1 4 , 8 4 0 . 0 0 7 . 5 %
( i i i ) C o m p u t e r ? 3 2 , 7 2 5 . 0 0 1 2 %
( i v ) S o f a s e t ? 1 6 , 0 0 0 . 0 0 1 1 . 5 %
( v ) T .V . ? 2 8 , 9 7 5 . 0 0 1 6 %
( v i ) J a c k e t ? 1 , 2 6 0 . 0 0 1 0 %
( v i i ) C a m e r a ? 4 , 5 0 0 . 0 0 9 %
( v i i i ) A i r c o n d i t i o n e r ? 2 1 , 6 5 0 . 0 0 1 4 %
S o l u t i o n : -
(i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 1,750, Rate o f sal es tax = 8. 5%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 1,750 × 8. 5) / 100
= ? 148. 75
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 1,750 + ? 148. 75
= ? 1, 898.75
( ii)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 14,840, Rate o f sal es tax = 7. 5%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 14,840 × 7. 5) / 100
= ? 1, 113
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 14, 840 + ? 1, 113
= ? 15, 953
(iii)
F ro m th e tab l e i t i s gi ven th at,
M a rked p ri ce = ? 32,725, Ra te o f s a l es ta x = 12%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 32,725 × 12) / 100
= ? 3, 927
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
Page 2
1 . T h e m a r k e d p r i c e a n d t h e r a t e o f s a l e s t a x o f d i f f e r e n t i t e m s a r e g i v e n b e l o w .
C a l c u l a t e t h e a m o u n t t o b e p a i d f o r e a c h o f t h e m :
S . N o . I t e m M a r k e d P r i c e R a t e o f S a l e s T a x
( i ) W a l k m a n ? 1 , 7 5 0 . 0 0 8 . 5 %
( i i ) W a s h i n g m a c h i n e ? 1 4 , 8 4 0 . 0 0 7 . 5 %
( i i i ) C o m p u t e r ? 3 2 , 7 2 5 . 0 0 1 2 %
( i v ) S o f a s e t ? 1 6 , 0 0 0 . 0 0 1 1 . 5 %
( v ) T .V . ? 2 8 , 9 7 5 . 0 0 1 6 %
( v i ) J a c k e t ? 1 , 2 6 0 . 0 0 1 0 %
( v i i ) C a m e r a ? 4 , 5 0 0 . 0 0 9 %
( v i i i ) A i r c o n d i t i o n e r ? 2 1 , 6 5 0 . 0 0 1 4 %
S o l u t i o n : -
(i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 1,750, Rate o f sal es tax = 8. 5%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 1,750 × 8. 5) / 100
= ? 148. 75
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 1,750 + ? 148. 75
= ? 1, 898.75
( ii)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 14,840, Rate o f sal es tax = 7. 5%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 14,840 × 7. 5) / 100
= ? 1, 113
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 14, 840 + ? 1, 113
= ? 15, 953
(iii)
F ro m th e tab l e i t i s gi ven th at,
M a rked p ri ce = ? 32,725, Ra te o f s a l es ta x = 12%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 32,725 × 12) / 100
= ? 3, 927
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 32, 725 + ? 3, 927
= ? 36, 652
(i v)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 16,000, Rate o f sal es tax = 11. 5%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= (16,000 × 11. 5)/100
= ? 1, 840
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 16, 000 + ? 1, 840
= ? 17, 840
(v)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 28,975, Rate o f s al es tax = 16%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 28,975 × 16) / 100
= ? 4, 636
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 28, 975 + ? 4, 636
= ? 33, 611
(v i)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 1,260, Rate o f sal es tax = 10%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 1,260 × 10) / 100
= ? 126
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 1, 260 + ? 126
= ? 1, 385
( v i i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 4,500, Rate o f sal es tax = 9%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 4,500 × 9) / 100
= ? 405
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 4, 500 + ? 405
Page 3
1 . T h e m a r k e d p r i c e a n d t h e r a t e o f s a l e s t a x o f d i f f e r e n t i t e m s a r e g i v e n b e l o w .
C a l c u l a t e t h e a m o u n t t o b e p a i d f o r e a c h o f t h e m :
S . N o . I t e m M a r k e d P r i c e R a t e o f S a l e s T a x
( i ) W a l k m a n ? 1 , 7 5 0 . 0 0 8 . 5 %
( i i ) W a s h i n g m a c h i n e ? 1 4 , 8 4 0 . 0 0 7 . 5 %
( i i i ) C o m p u t e r ? 3 2 , 7 2 5 . 0 0 1 2 %
( i v ) S o f a s e t ? 1 6 , 0 0 0 . 0 0 1 1 . 5 %
( v ) T .V . ? 2 8 , 9 7 5 . 0 0 1 6 %
( v i ) J a c k e t ? 1 , 2 6 0 . 0 0 1 0 %
( v i i ) C a m e r a ? 4 , 5 0 0 . 0 0 9 %
( v i i i ) A i r c o n d i t i o n e r ? 2 1 , 6 5 0 . 0 0 1 4 %
S o l u t i o n : -
(i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 1,750, Rate o f sal es tax = 8. 5%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 1,750 × 8. 5) / 100
= ? 148. 75
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 1,750 + ? 148. 75
= ? 1, 898.75
( ii)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 14,840, Rate o f sal es tax = 7. 5%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 14,840 × 7. 5) / 100
= ? 1, 113
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 14, 840 + ? 1, 113
= ? 15, 953
(iii)
F ro m th e tab l e i t i s gi ven th at,
M a rked p ri ce = ? 32,725, Ra te o f s a l es ta x = 12%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 32,725 × 12) / 100
= ? 3, 927
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 32, 725 + ? 3, 927
= ? 36, 652
(i v)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 16,000, Rate o f sal es tax = 11. 5%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= (16,000 × 11. 5)/100
= ? 1, 840
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 16, 000 + ? 1, 840
= ? 17, 840
(v)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 28,975, Rate o f s al es tax = 16%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 28,975 × 16) / 100
= ? 4, 636
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 28, 975 + ? 4, 636
= ? 33, 611
(v i)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 1,260, Rate o f sal es tax = 10%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 1,260 × 10) / 100
= ? 126
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 1, 260 + ? 126
= ? 1, 385
( v i i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 4,500, Rate o f sal es tax = 9%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 4,500 × 9) / 100
= ? 405
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 4, 500 + ? 405
= ? 4, 905
( vi i i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 21,650, Rate o f s al es tax = 14%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 21,650 × 14) / 100
= ? 3, 031
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 21, 650 + ? 3, 031
= ? 24, 681
2 . F i n d t h e r a t e o f s a l e s t a x o f t h e f o l l o w i n g i t e m s w h o s e m a r k e d p r i c e a n d s a l e s t a x
a r e g i v e n b e l o w :
S . N o . I t e m M a r k e d P r i c e S a l e s T a x
( i ) S h o e s ? 2 , 7 4 0 . 0 0 ? 1 3 7 . 0 0
( i i ) M u s i c s y s t e m ? 1 6 , 4 0 0 . 0 0 ? 2 , 0 5 0 . 0 0
( i i i ) V a c u u m c l e a n e r s ? 8 , 3 2 5 . 0 0 ? 1 , 3 3 2 . 0 0
( i v ) D i g i t a l d i a r y ? 3 , 5 0 0 . 0 0 ? 3 6 7 . 5 0
( v ) V C D ? 2 7 , 9 1 6 . 0 0 ? 4 , 0 4 7 . 8 2
S o l u t i o n : -
(i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 2,740. 00, S al es tax = ? 137
We kn o w th at, Rate o f sal es tax = ( 100 × S al e tax) / marked p ri ce
= ( 100 × 137) / 2,740. 00
= 5 %
Th erefore , rate o f s al es tax i s 5%.
( ii)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 16,400, S al es tax = ? 2,050
We kn o w th at, Rate o f sal es tax = ( 100 × S al e tax) / marked p ri ce
= ( 100 × 2,050) / 16,400
= 12%
Th erefore , rate o f s al es tax i s 12%.
(iii)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 8,325, S al es t ax = ? 1,332
Page 4
1 . T h e m a r k e d p r i c e a n d t h e r a t e o f s a l e s t a x o f d i f f e r e n t i t e m s a r e g i v e n b e l o w .
C a l c u l a t e t h e a m o u n t t o b e p a i d f o r e a c h o f t h e m :
S . N o . I t e m M a r k e d P r i c e R a t e o f S a l e s T a x
( i ) W a l k m a n ? 1 , 7 5 0 . 0 0 8 . 5 %
( i i ) W a s h i n g m a c h i n e ? 1 4 , 8 4 0 . 0 0 7 . 5 %
( i i i ) C o m p u t e r ? 3 2 , 7 2 5 . 0 0 1 2 %
( i v ) S o f a s e t ? 1 6 , 0 0 0 . 0 0 1 1 . 5 %
( v ) T .V . ? 2 8 , 9 7 5 . 0 0 1 6 %
( v i ) J a c k e t ? 1 , 2 6 0 . 0 0 1 0 %
( v i i ) C a m e r a ? 4 , 5 0 0 . 0 0 9 %
( v i i i ) A i r c o n d i t i o n e r ? 2 1 , 6 5 0 . 0 0 1 4 %
S o l u t i o n : -
(i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 1,750, Rate o f sal es tax = 8. 5%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 1,750 × 8. 5) / 100
= ? 148. 75
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 1,750 + ? 148. 75
= ? 1, 898.75
( ii)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 14,840, Rate o f sal es tax = 7. 5%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 14,840 × 7. 5) / 100
= ? 1, 113
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 14, 840 + ? 1, 113
= ? 15, 953
(iii)
F ro m th e tab l e i t i s gi ven th at,
M a rked p ri ce = ? 32,725, Ra te o f s a l es ta x = 12%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 32,725 × 12) / 100
= ? 3, 927
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 32, 725 + ? 3, 927
= ? 36, 652
(i v)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 16,000, Rate o f sal es tax = 11. 5%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= (16,000 × 11. 5)/100
= ? 1, 840
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 16, 000 + ? 1, 840
= ? 17, 840
(v)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 28,975, Rate o f s al es tax = 16%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 28,975 × 16) / 100
= ? 4, 636
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 28, 975 + ? 4, 636
= ? 33, 611
(v i)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 1,260, Rate o f sal es tax = 10%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 1,260 × 10) / 100
= ? 126
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 1, 260 + ? 126
= ? 1, 385
( v i i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 4,500, Rate o f sal es tax = 9%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 4,500 × 9) / 100
= ? 405
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 4, 500 + ? 405
= ? 4, 905
( vi i i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 21,650, Rate o f s al es tax = 14%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 21,650 × 14) / 100
= ? 3, 031
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 21, 650 + ? 3, 031
= ? 24, 681
2 . F i n d t h e r a t e o f s a l e s t a x o f t h e f o l l o w i n g i t e m s w h o s e m a r k e d p r i c e a n d s a l e s t a x
a r e g i v e n b e l o w :
S . N o . I t e m M a r k e d P r i c e S a l e s T a x
( i ) S h o e s ? 2 , 7 4 0 . 0 0 ? 1 3 7 . 0 0
( i i ) M u s i c s y s t e m ? 1 6 , 4 0 0 . 0 0 ? 2 , 0 5 0 . 0 0
( i i i ) V a c u u m c l e a n e r s ? 8 , 3 2 5 . 0 0 ? 1 , 3 3 2 . 0 0
( i v ) D i g i t a l d i a r y ? 3 , 5 0 0 . 0 0 ? 3 6 7 . 5 0
( v ) V C D ? 2 7 , 9 1 6 . 0 0 ? 4 , 0 4 7 . 8 2
S o l u t i o n : -
(i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 2,740. 00, S al es tax = ? 137
We kn o w th at, Rate o f sal es tax = ( 100 × S al e tax) / marked p ri ce
= ( 100 × 137) / 2,740. 00
= 5 %
Th erefore , rate o f s al es tax i s 5%.
( ii)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 16,400, S al es tax = ? 2,050
We kn o w th at, Rate o f sal es tax = ( 100 × S al e tax) / marked p ri ce
= ( 100 × 2,050) / 16,400
= 12%
Th erefore , rate o f s al es tax i s 12%.
(iii)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 8,325, S al es t ax = ? 1,332
We kn o w th at, Rate o f sal es tax = ( 100 × S al e tax) / marked p ri ce
= (100 × 1, 332 ) /8, 325
= 16%
Th erefore , rate o f sal es tax i s 1 6 % .
(i v)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 3,500, S al es t ax = ? 367. 50
We kn o w th at, Rate o f sal es tax = ( 100 × S al e tax) / marked p ri ce
= ( 100 × 367. 50) / 3,500
= 10.5%
Th erefore , rate o f s al es tax i s 10. 5%.
(v)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 27,916, S al es tax = ? 4,047. 82
We kn o w th at, Rate o f sal es tax = ( 100 × S al e tax) / marked p ri ce
= ( 100 × 4,047. 82) / 27,916
= 14. 5%
Th erefore , rate o f sal es tax i s 1 4. 5%.
3 . F i n d t h e a m o u n t p a i d b y R a j e s h t o b u y a l e a t h e r b a g w h o s e l i s t p r i c e i s ? 4 , 8 5 0 a n d
t h e r a t e o f s a l e s t a x i s 1 2 % .
S o l u t i o n : -
F ro m th e q u es?? o n i t i s gi ven th at,
L i st p ri ce o f t h e l eath er b ag = ? 4,850
T h en , rate o f sal es tax = 12%
We kn o w th at, S al es tax = (l i st p ri ce × rate o f sal e tax)/100
= ( 4,850 × 12) / 100
= ? 582
The n,
T h e amo u n t p ai d b y Raj esh to b u y L eath er b ag = L i st p ri ce + S al es tax
= ? 4, 850 + ? 582
= ? 5, 432
4 . A w a t c h i s l i s t e d a t ? 1 5 , 5 0 0 a n d t h e s a l e s t a x o n i t i s 1 8 % . F i n d t h e s e l l i n g p r i c e o f
t h e w a t c h .
S o l u t i o n : -
F ro m th e q u es?? o n i t i s gi ven th at,
Page 5
1 . T h e m a r k e d p r i c e a n d t h e r a t e o f s a l e s t a x o f d i f f e r e n t i t e m s a r e g i v e n b e l o w .
C a l c u l a t e t h e a m o u n t t o b e p a i d f o r e a c h o f t h e m :
S . N o . I t e m M a r k e d P r i c e R a t e o f S a l e s T a x
( i ) W a l k m a n ? 1 , 7 5 0 . 0 0 8 . 5 %
( i i ) W a s h i n g m a c h i n e ? 1 4 , 8 4 0 . 0 0 7 . 5 %
( i i i ) C o m p u t e r ? 3 2 , 7 2 5 . 0 0 1 2 %
( i v ) S o f a s e t ? 1 6 , 0 0 0 . 0 0 1 1 . 5 %
( v ) T .V . ? 2 8 , 9 7 5 . 0 0 1 6 %
( v i ) J a c k e t ? 1 , 2 6 0 . 0 0 1 0 %
( v i i ) C a m e r a ? 4 , 5 0 0 . 0 0 9 %
( v i i i ) A i r c o n d i t i o n e r ? 2 1 , 6 5 0 . 0 0 1 4 %
S o l u t i o n : -
(i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 1,750, Rate o f sal es tax = 8. 5%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 1,750 × 8. 5) / 100
= ? 148. 75
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 1,750 + ? 148. 75
= ? 1, 898.75
( ii)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 14,840, Rate o f sal es tax = 7. 5%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 14,840 × 7. 5) / 100
= ? 1, 113
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 14, 840 + ? 1, 113
= ? 15, 953
(iii)
F ro m th e tab l e i t i s gi ven th at,
M a rked p ri ce = ? 32,725, Ra te o f s a l es ta x = 12%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 32,725 × 12) / 100
= ? 3, 927
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 32, 725 + ? 3, 927
= ? 36, 652
(i v)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 16,000, Rate o f sal es tax = 11. 5%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= (16,000 × 11. 5)/100
= ? 1, 840
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 16, 000 + ? 1, 840
= ? 17, 840
(v)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 28,975, Rate o f s al es tax = 16%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 28,975 × 16) / 100
= ? 4, 636
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 28, 975 + ? 4, 636
= ? 33, 611
(v i)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 1,260, Rate o f sal es tax = 10%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 1,260 × 10) / 100
= ? 126
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 1, 260 + ? 126
= ? 1, 385
( v i i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 4,500, Rate o f sal es tax = 9%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 4,500 × 9) / 100
= ? 405
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 4, 500 + ? 405
= ? 4, 905
( vi i i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 21,650, Rate o f s al es tax = 14%
We kn o w th at, S al es tax = ( marked p ri ce × rate o f sal e tax) / 100
= ( 21,650 × 14) / 100
= ? 3, 031
T h en , Amo u n t = m a r k e d p ri ce + sal es tax
= ? 21, 650 + ? 3, 031
= ? 24, 681
2 . F i n d t h e r a t e o f s a l e s t a x o f t h e f o l l o w i n g i t e m s w h o s e m a r k e d p r i c e a n d s a l e s t a x
a r e g i v e n b e l o w :
S . N o . I t e m M a r k e d P r i c e S a l e s T a x
( i ) S h o e s ? 2 , 7 4 0 . 0 0 ? 1 3 7 . 0 0
( i i ) M u s i c s y s t e m ? 1 6 , 4 0 0 . 0 0 ? 2 , 0 5 0 . 0 0
( i i i ) V a c u u m c l e a n e r s ? 8 , 3 2 5 . 0 0 ? 1 , 3 3 2 . 0 0
( i v ) D i g i t a l d i a r y ? 3 , 5 0 0 . 0 0 ? 3 6 7 . 5 0
( v ) V C D ? 2 7 , 9 1 6 . 0 0 ? 4 , 0 4 7 . 8 2
S o l u t i o n : -
(i )
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 2,740. 00, S al es tax = ? 137
We kn o w th at, Rate o f sal es tax = ( 100 × S al e tax) / marked p ri ce
= ( 100 × 137) / 2,740. 00
= 5 %
Th erefore , rate o f s al es tax i s 5%.
( ii)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 16,400, S al es tax = ? 2,050
We kn o w th at, Rate o f sal es tax = ( 100 × S al e tax) / marked p ri ce
= ( 100 × 2,050) / 16,400
= 12%
Th erefore , rate o f s al es tax i s 12%.
(iii)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 8,325, S al es t ax = ? 1,332
We kn o w th at, Rate o f sal es tax = ( 100 × S al e tax) / marked p ri ce
= (100 × 1, 332 ) /8, 325
= 16%
Th erefore , rate o f sal es tax i s 1 6 % .
(i v)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 3,500, S al es t ax = ? 367. 50
We kn o w th at, Rate o f sal es tax = ( 100 × S al e tax) / marked p ri ce
= ( 100 × 367. 50) / 3,500
= 10.5%
Th erefore , rate o f s al es tax i s 10. 5%.
(v)
F ro m th e tab l e i t i s gi ven th at,
Marked p ri ce = ? 27,916, S al es tax = ? 4,047. 82
We kn o w th at, Rate o f sal es tax = ( 100 × S al e tax) / marked p ri ce
= ( 100 × 4,047. 82) / 27,916
= 14. 5%
Th erefore , rate o f sal es tax i s 1 4. 5%.
3 . F i n d t h e a m o u n t p a i d b y R a j e s h t o b u y a l e a t h e r b a g w h o s e l i s t p r i c e i s ? 4 , 8 5 0 a n d
t h e r a t e o f s a l e s t a x i s 1 2 % .
S o l u t i o n : -
F ro m th e q u es?? o n i t i s gi ven th at,
L i st p ri ce o f t h e l eath er b ag = ? 4,850
T h en , rate o f sal es tax = 12%
We kn o w th at, S al es tax = (l i st p ri ce × rate o f sal e tax)/100
= ( 4,850 × 12) / 100
= ? 582
The n,
T h e amo u n t p ai d b y Raj esh to b u y L eath er b ag = L i st p ri ce + S al es tax
= ? 4, 850 + ? 582
= ? 5, 432
4 . A w a t c h i s l i s t e d a t ? 1 5 , 5 0 0 a n d t h e s a l e s t a x o n i t i s 1 8 % . F i n d t h e s e l l i n g p r i c e o f
t h e w a t c h .
S o l u t i o n : -
F ro m th e q u es?? o n i t i s gi ven th at,
Rate o f s al es tax o n watch = 18 %
L i s ted p ri ce o f watch = ? 15,500
We kn o w th at, S al es tax = (l i st p ri ce × rate o f sal e tax)/100
= ( 15,500 × 18) / 100
= ? 2, 790
T h en , S el l i n g p ri ce o f w a t ch = ? (15,500 + 2,790)
= ? 18, 290
5 . F i n d t h e s e l l i n g p r i c e o f a n e l e c t r o n i c w a s h i n g m a c h i n e p r i c e d a t ? 2 4 , 6 0 0 a n d
c a r r y i n g a s a l e s t a x o f 1 5 % .
S o l u t i o n : -
F ro m th e q u es?? o n i t i s gi ven th at,
L i st p ri ce o f el ec t ro n i c wash i n g mach i n e = ? 24,600
Rate o f sal es tax = 15%
We kn o w th at, S al es tax = (l i st p ri ce × rate o f sal e tax)/100
= ( 24,600 × 15) / 100
= ? 3, 690
T h en , S el l i n g p ri ce o f w a t ch = ? (24,600 + 3,690)
= ? 28, 290
6 . T h e l i s t p r i c e o f a c h a i r i s ? 7 , 5 0 0 a n d t h e s a l e s t a x o n i t i s ? 1 , 1 2 5 . F i n d t h e r a t e o f
s a l e s t a x .
S o l u t i o n : -
F ro m th e q u es?? o n i t i s gi ven th at,
T h e l i st p ri ce o f ch ai r = ? 7,500
S al es tax = ? 1,125
We kn o w th at, Rate o f sal es tax = ( 100 × S al e tax) / marked p ri ce
= ( 100 × 1,125) / 7,500
= 15%
Th erefore , rate o f s al es tax i s 15%.
7 . A s a m s u n g p l a s m a T . V . i s p r i c e d i n t h e s h o w r o o m a t ? 6 8 , 0 0 0 . T h e s a l e s t a x o n i t i s ?
1 4 , 9 6 0 . F i n d t h e r a t e o f s a l e s t a x .
S o l u t i o n : -
F ro m th e q u es??o n i t i s gi ve th at,
Pri ce o f samsu n g p l asma T . V . i n th e sh o wro o m = ? 68,000
S al es tax = ? 14,960
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