EASY
Earn 100

Nirmala went to a shop to buy a Titan watch. The cost of the watch was Rs 3,250 . The rate of sales tax is 12%. The shopkeeper gave her a discount such that she got the watch for only Rs 3,248 . Find the discount given by the shopkeeper.

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Important Questions on Commercial Mathematics

EASY
Ram sold a plot for 655000 at 20% loss. For what price should he sell the plot to gain 15% profit?
EASY
A sales representative will receive a 15% commission on a sale of  2800. If he has already received an advance of  150 on that commission, the remaining amount of commission is:
EASY
A bought an article for 4800 and sold it at a loss of 30%. With this amount, he bought another article and sold it at a gain of 60%. What was his overall gain/loss?
EASY
A person sold an article at a loss of 12%. Had he sold it at a gain of 10.5%, he would have got 112.50 more. What is the original selling price (in) of the article?
EASY

If the sales tax is reduced from 5% to 4%, then what difference it will make if you purchase an item of Rs.1000?

EASY
Annual Income of a restaurant is increased by Rs 10 lakhs but government reduced the GST from 12% to 10%. He now pays Rs 20000 More Income Tax. What is the increased income of restaurant?
EASY
If government increased rate of Income tax by 17% and the net income of a school decrease by 8%. Find the rate of income tax imposed by Government.
EASY
The price of a television is Rs. 14000 inclusive of VAT. If the rate of VAT is 12%, find the basic price of the television.
HARD

Jeeva purchased an article for Rs. 2500 and sold it at 25% above cost price and paid a tax of Rs. 125. Find the post- tax profit in rupees.

(A) 550  (B) 625  (C) 475  (D) 500

EASY
After the seventh pay commission, the salary of an employee increased from Rs 10000 to P. Rate of income tax decreased by 37.5%by the government. The amount of income tax paid by the employee in both cases is the same. If the initial rate of income tax was 9% more, Find the value of x.
EASY

Nikita went to the stationers and bought things worth 25, out of which 30 paise went on sales tax on taxable purchases. If the tax rate was 6%, then what was the cost of the tax free items?

MEDIUM
List price of an article is ₹ 1050. If 6% sales tax is charged, then the bill amount is
EASY
What is the cash value of Rs.4500 stock at Rs.86.75?
EASY
A Mall pays Rs 8 tax on per Rs 100. If rate of interest is decreased from  5% to 4.75%, Then Mall's income decreased by Rs 46000. Find its Income.
MEDIUM
The price of a watch including 8% VAT is 810. What is its basic price?
EASY
Rajeev buys good worth Rs. 6650. He gets a rebate of 6% on it. After getting the rebate, he pays sale tax @10%. Find the amount he will have to pay for the goods.
MEDIUM
I purchased a tape recorder for  7,560 including 8% VAT. The price before VAT was added was
EASY

Rajeev buys goods worth Rs. 6,650. He gets a rebate of 6% on it. After getting the rebate, he pays sales tax @ 10%. Find the amount, he has to pay for the goods.