हिंदी

The marked price of an article is ₹7500. A shopkeeper sells the article to a consumer at the marked prices and charges sales tax at . the rate of 7%. If the shopkeeper pays a VAT of ₹105, find the p - Mathematics

Advertisements
Advertisements

प्रश्न

The marked price of an article is ₹7500. A shopkeeper sells the article to a consumer at the marked prices and charges sales tax at . the rate of 7%. If the shopkeeper pays a VAT of ₹105, find the price inclusive of sales tax of the article which the shopkeeper paid to the wholesaler.

योग
Advertisements

उत्तर

Marked price of an article = ₹7500
Rate of S.T. = 7%
∴ Total tax

= `₹(7500 xx 7)/(100)`
= ₹525
and VAT paid by the shopkeeper = ₹105
Difference of tax(VAT)
= ₹525 - ₹105
= ₹420
∴ Tax
= ₹420 and rate = 7%
∴ C.P. of the shopkeeper

= `₹(420 xx 100)/(7)`
= ₹6000
and total C.P. paid by the shopkeeper
= ₹6000 + ₹420
= ₹6420.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Value Added Tax - Chapter Test

APPEARS IN

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

Sarita purchases biscuits costing Rs 158 on which the rate of sales tax is 6%. She also purchases some cosmetic goods costing Rs 354 on which the rate of sales tax is 9%. Find the total amount to be paid by Sarita.


Q


Q


The list price of an article is Rs.800 and is available at a discount of 15 percent. Find :
(i) selling price of the article ;
(ii) cost price of the article, if a profit of `13 1/3` % is made on selling it.


A shopkeeper buys a camera at a discount of 20% from the wholesaler, the printed price of the camera being ₹ 1600 and the rate of sales tax is 6%. The shopkeeper sells it to the buyer at the printed price and charges sales tax at the same rate. Find
(i) the price at which the camera can be bought.
(ii) the VAT (Value Added Tax) paid by the shopkeeper.


In a particular tax period, Mr. Sunder Dass, a shopkeeper purchased goods worth ₹ 960000 and paid a total tax of ₹ 62750 (under VAT). During this period, his sales consisted of a taxable turnover of ₹ 400000 of goods taxable at 6% and ₹ 480000 for goods taxable at 12.5%. He also sold tax exempted goods worth ₹ 95640 in the same period. Calculate his tax liability (under VAT) for this period.


A wholesaler buys a computer from a manufacturer for ₹ 40000. He marks the price of the computer 20% above his cost price and sells it to a retailer at a discount of 10% on the marked price. The retailer sells the computer to a consumer at the marked price. If the rate of sales tax (under VAT) is 10% at every stage, then choose the correct answer from the given four options
Cost of the computer to the retailer (excluding tax) is


A wholesaler buys a computer from a manufacturer for ₹ 40000. He marks the price of the computer 20% above his cost price and sells it to a retailer at a discount of 10% on the marked price. The retailer sells the computer to a consumer at the marked price. If the rate of sales tax (under VAT) is 10% at every stage, then choose the correct answer from the given four options
VAT paid by the manufacturer is


A wholesaler buys a computer from a manufacturer for ₹ 40000. He marks the price of the computer 20% above his cost price and sells it to a retailer at a discount of 10% on the marked price. The retailer sells the computer to a consumer at the marked price. If the rate of sales tax (under VAT) is 10% at every stage, then choose the correct answer from the given four options
VAT paid by the retailer is


A retailer buys an article at a discount of 15% on the printed price from a wholesaler. He marks up the price by 10%. Due to competition in the market, he allows a discount of 5% to a buyer. If the buyer pays ₹451.44 for the article inclusive of sales tax (under VAT) at 8%, find :
(i) the printed price of the article
(ii) the profit percentage of the retailer.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×