Taxes on Sale of an Item
Taxes on Sale of an Item: Overview
This topic covers concepts, such as, Taxes on Sale of an Item as Per Cent, Sales Tax, Value Added Tax, Goods and Services Tax & Finding Tax Amount Given as Percentage etc.
Important Questions on Taxes on Sale of an Item
A paint store sells tins of paint with price of each tin as Rs . If the rate of GST is then bill amount is:
Tabraiz brought an article for including a tax of find the price of an article before GST added.
The price of an air conditioner is . The sales tax charged on it is at the rate of . Find the amount that Soumya will have to pay if he buys it.
List price of an article is . If sales tax is charged, then the bill amount is
If the total bill amount for the data given below, find .
| Name of the item | Marked price | Discount | GST |
| Hair dryer |
If the total bill amount for the data given below, find .
| Name of the item | Marked price | Discount | GST |
| Cosmetics |
If the total bill amount for the data given below, find .
| Name of the item | Marked price | Discount | GST |
| Stationary |
What do you mean by G.S.T.?
Sachin purchases a bat for including sales tax. If the rate of sales tax is , then the selling price of the bat is
Ranjana bought a product of including sales tax. Find the price before tax was added.
The table shows the cost of sunscreen of two brands with and without sales tax.
| Cost in | Cost Tax in | ||
| . | |||
| . |
Which brand has a greater sales tax rate? Give the sales tax rate for each brand.
Ankit buys a memory card costing . If the rate of sales tax is , then find the total amount payable by him.
I purchased a tape recorder for including VAT. The price before VAT was added was
Reena bought the following article from a general store:
Cosmetics costing with ST@ .
Calculate the total amount to be paid by Reena.
Reena bought the following article from a general store:
Medicines costing with ST @ .
Calculate the total amount to be paid by Reena.
Preethi bought a refrigerator for which included VAT at . Find the original price of the refrigerator.
The original price of an article is and its price including VAT is . If the rate of VAT is , then write the value of .
The sale price of an imported electric iron is and is sold at a discount of . If the GST is charged at find the cost to be paid by a customer.
The price of a car is in Delhi and in Chennai.If the price of the car without tax is , calculate the rate of VAT in the two cities.
Sakina bought a pair of sandals for which included . Calculate the price of the sandals without VAT.
