Monicaa Abhijit Solutions for Chapter: Profit, Loss, Discount, Tax, Exercise 3: EXERCISE 12.3

A blazer is marked in a shop for $₹1,250$. Rate of $\mathrm{VAT}$ is $7\%$. Akriti tells the shopkeeper to lower the rate to an extent that she has to pay nothing more than $₹1,250$ including $\mathrm{VAT}$. Find the reduction required.

A customer paid $₹16,800$ to purchase a colour $\mathrm{TV}$. If this includes $\mathrm{VAT} @12\%$, determine the marked price of the $\mathrm{TV}$. What will be the new selling price if the VAT changes to $10\%$?

The marked price of a pair of jeans is $₹800$. A customer pays $₹48$ as $\mathrm{VAT}$ for it. Find the rate of $\mathrm{VAT}$.

The marked price of an item is $₹6,000$. The dealer allows a discount of $4\%$ on cash payment. If the rate of $\mathrm{VAT}$ is $7\%$, find the amount the customer has to pay to the dealer in cash to purchase it.

Tina bought a perfume for $₹300$ including $10\% \mathrm{VAT}$ and a lipstick for $₹220$ including $12\% \mathrm{VAT}$. What percent of sales tax is charged on the whole transaction?

Shreya buys goods worth $₹7,500$. She gets a rebate of $10\%$ on them. After getting the rebate, if $\mathrm{VAT}$ at the rate of $10\%$ is charged, find the amount she will have to pay for the goods.

A movie ticket costs $₹110$. The $\mathrm{VAT}$ on it is $4\%$. Find the amount a customer has to pay to buy the ticket.

The marked price of a branded school bag is $₹780$. The shopkeeper allows a discount of $10\%$ on cash payment. If the $\mathrm{VAT}$ is $7\%$, find the amount the customer has to pay in cash to purchase it.