Tax and Type of Tax

IMPORTANT

Tax and Type of Tax: Overview

This topic explains concepts such as Tax, Direct Tax, Indirect Tax, Goods and Services Tax, etc.

Important Questions on Tax and Type of Tax

HARD
IMPORTANT

A retailer marked up the price of his goods by 20% above the list price and offers two successive discounts of 10% and 5% on the marked price. GST is @ 18% on the goods. Find the list price of goods if the consumer pays 4617 as CGST. Also find the final price consumer has to pay for the goods.

MEDIUM
IMPORTANT

A paint store sells 4 tins of paint with price of each tin as Rs 2000. If the rate of GST is 18%  then bill amount is:

MEDIUM
IMPORTANT

Tabraiz brought an article for Rs.3300 including a tax of 10% find the price of an article before GST added.

MEDIUM
IMPORTANT

Samir purchased a pair of shoes for 1344 including GST. If the sale price of the shoes is 1200, then what is the rate of GST??

EASY
IMPORTANT

What is 15% of 34 ?

HARD
IMPORTANT

Mrs. Chandra bought a glass lemon set for 800 and tea for 164 including 5% goods and sales tax and a dinner set for 4500 including GST 12%. Find the list price (without sales tax) of the lemon set, tea and the dinner set together :

EASY
IMPORTANT

An increase of 4% on the sales tax of an article led to an increase of Rs 480 on the selling price of the article. Find the marked price of the article.

EASY
IMPORTANT

Anurag went to a shop to buy a leather coat costing Rs 2,654 . The sales tax on it is 9 %. He requested the shopkeeper to reduce the price to such an extent that he has to pay only Rs 2,616 including the sales tax. Find the reduction given by the shopkeeper.

EASY
IMPORTANT

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.

EASY
IMPORTANT

The price of a pair of Nike shoes including sales tax at the rate of 7 % is Rs 1,572.90 .Find the basic price of the shoes.

EASY
IMPORTANT

The total cost of a refrigerator including sales tax is Rs 30,940 . If the rate of sales tax is 12 %, find the basic price of the refrigerator.

EASY
IMPORTANT

A Samsung plasma T. V. is priced in the showroom at Rs 68,000. The sales tax on it is Rs14,960 . Find the rate of sales tax.

EASY
IMPORTANT

A watch is listed at Rs15,500 and the sales tax on it is 18 %. Find the selling price of the watch.

EASY
IMPORTANT

The list price of a chair is Rs 7,500 and the sales tax on it is Rs 1,125 . Find the rate of sales tax.

EASY
IMPORTANT

If there is a 10% sale on an item, and then 9% sales tax is applied to that after-sale price, then what is the total cost of the item including tax as a percentage of its pre-sale sticker price?

EASY
IMPORTANT

Find the selling price of an electronic washing machine whose price is Rs 24,600 and a sale tax of 15% is imposed on it.

MEDIUM
IMPORTANT

Vishal invited his 20  friends on food in a hotel on his birthday. Expenditure on food was 5000. Besides it, he has to pay 18% G.S.T. The expenditure on food per friend of Vishal is k, find k.

MEDIUM
IMPORTANT

Pratibha purchases a table 24,000 in which 12% G.S.T. is also included. If the marked price(in ) of the table is k, find k.

MEDIUM
IMPORTANT

The price of a pair of sandle is 1000. Let, the customer have to pay k for buying sandals with18% GST added on it is to pay, find k.

MEDIUM
IMPORTANT

The annual income of Shyam's father is  3,60,000 . With income up to 2,50,000 is exempt from tax, if he has to pay k at the rate of 5%, find k.