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Sales Tax and VAT Calculations

Practice calculating sales tax and value added tax (VAT) in various commercial scenarios including retail transactions, discount pricing, and multi-stage sales.

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Questions

Question 1 Multiple Choice (Single Answer)

A shopkeeper buys a LCD TV at a discount of 15% from the wholesaler. The market price of the TV is Rs. 28,000 and the sales tax is charged at 9%. The shopkeeper sells it to the buyer at the market price and charges the same sales tax on it.

What is the total amount to be paid by the buyer to get that TV?

  1. Rs. 33,040
  2. Rs. 30,520
  3. Rs. 32,200
  4. Rs. 34,720
  5. Rs. 29,680
Question 2 Multiple Choice (Single Answer)

A person will buy three items at a price of Rs. 5,200, Rs. 8,500 and Rs. 6,800 where the sales tax charged for each item is 8%, 6% and 3% respectively. The total final amount paid by the person to the shopkeeper is

  1. Rs. 21,630
  2. Rs. 14,626
  3. Rs. 16,014
  4. Rs. 12,620
  5. Rs. 13,521
Question 3 Multiple Choice (Single Answer)

Mr Ram bought a DVD set for Rs. 14,000. He sold it to Sham for Rs. 18,000. Sham sold it to Raj for Rs. 24,000. All the prices are excluding tax. The sales tax is charged at 8%.

What is the input tax amount paid by Mr. Ram?

  1. Rs. 1,120
  2. Rs. 1,440
  3. Rs. 1,920
  4. Rs. 320
  5. Rs. 2,560
Question 4 Multiple Choice (Single Answer)

A shopkeeper buys a LCD TV at a discount of 15% from the wholesaler. The market price of the TV is Rs. 28,000 and the sales tax is charged at 9%. The shopkeeper sells it to the buyer at the market price and charges the same sales tax on it.

Which of the following is the sales tax paid by the buyer to buy the TV?

  1. Rs. 2,520
  2. Rs. 5,040
  3. Rs. 4,200
  4. Rs. 6,720
  5. Rs. 1,680
Question 5 Multiple Choice (Single Answer)

The actual price of the refrigerator is Rs. 12, 500. Currently the discount offered on this product is 10%. Calculate the total amount paid by the customer to buy this refrigerator by paying a sales tax of 8%.

  1. Rs. 11,250
  2. Rs. 10,350
  3. Rs.12,150
  4. Rs.14,650
  5. Rs. 13,750
Question 6 Multiple Choice (Single Answer)

A shopkeeper buys a LCD TV at a discount of 15% from the wholesaler. The market price of the TV is Rs. 28,000 and the sales tax is charged at 9%. The shopkeeper sells it to the buyer at the market price and charges the same sales tax on it.

What is discount given to the shopkeeper by the wholesaler?

  1. Rs. 2,520
  2. Rs. 5,040
  3. Rs. 4,200
  4. Rs. 6,720
  5. Rs. 1,680
Question 7 Multiple Choice (Single Answer)

Mr. Ram bought a DVD set for Rs. 14,000. He sold it to Sham for Rs. 18,000. Sham sold it to Raj for Rs. 24,000. All the prices are excluding tax. The sales tax is charged at 8%.

What is the output tax amount charged by Mr. Ram?

  1. Rs. 1,120
  2. Rs. 1,440
  3. Rs. 1,920
  4. Rs. 3200
  5. Rs. 2,560
Question 8 Multiple Choice (Single Answer)

The selling price of a washing machine was Rs. 15,120. But the total amount paid by the customer including sales tax is Rs. 16,632, then how much is the sales tax charged (in percentage)?

  1. 8%
  2. 10%
  3. 1%
  4. 100%
Question 9 Multiple Choice (Single Answer)

Mr. Ram bought a DVD set for Rs. 14,000. He sold it to Sham for Rs. 18,000. Sham sold it to Raj for Rs. 24,000. All the prices are excluding tax. The sales tax is charged at 8%.

What is the value added tax paid by Mr. Ram?

  1. Rs. 800
  2. Rs. 1,440
  3. Rs. 480
  4. Rs. 320
  5. Rs. 2,560
Question 10 Multiple Choice (Single Answer)

Mr. Thomas purchased dress materials costing around Rs. 92,650 including the 9% sales tax. From these materials, he designed three types of dresses K, L and M. Excluding the tax, these dresses were sold at Rs. 20,000, Rs. 38,000 and Rs. 42,000. The sales tax rates on these dresses are 4%, 8% and 12% respectively.

What is the amount of sales tax paid by Mr. Thomas during the purchase of dress material?

  1. Rs. 8,338.50
  2. Rs. 7,650
  3. Rs. 7,007.14
  4. Rs. 850
  5. Rs. 10,294.44
Question 11 Multiple Choice (Single Answer)

Mr. Thomas purchased dress materials costing around Rs. 92,650 including 9% sales tax. From these materials, he designed three types of dresses K, L and M. Excluding the tax, these dresses were sold at Rs. 20,000, Rs. 38,000 and Rs. 42,000. The sales tax rates on these dresses are 4%, 8% and 12% respectively.

Which of the following is the total tax received by Mr. Thomas after selling all the dress materials?

  1. Rs. 800
  2. Rs. 3040
  3. Rs. 5040
  4. Rs. 8880
  5. Rs. 7280
Question 12 Multiple Choice (Single Answer)

A shopkeeper buys a LCD TV at a discount of 15% from the wholesaler. The market price of the TV is Rs. 28,000 and the sales tax is charged at 9%. The shopkeeper sells it to the buyer at the market price and charges the same sales tax on it.

Which of the following is the value added tax paid by the shopkeeper?

  1. Rs. 4,662
  2. Rs. 378
  3. Rs. 2,520
  4. Rs. 2,142
  5. Rs. 6,720
Question 13 Multiple Choice (Single Answer)

Mr Ram bought a DVD set for Rs. 14,000. He sold it to Sham for Rs. 18,000. Sham sold it to Raj for Rs. 24,000. All the prices are excluding tax. The sales tax is charged at 8%.

What is the value added tax paid by Sham?

  1. Rs. 800
  2. Rs. 1,440
  3. Rs. 480
  4. Rs. 320
  5. Rs. 2,560
Question 14 Multiple Choice (Single Answer)

Mr Thomas purchased dress materials costing around Rs. 92,650 including the 9% sales tax. From these materials, he designed three types of dresses K, L and M. Excluding the tax, these dresses were sold at Rs. 20,000, Rs. 38,000 and Rs. 42,000. The sales tax rates on these dresses are 4%, 8% and 12% respectively.

What will be the market price of the dress materials?

  1. Rs. 85,000
  2. Rs. 7,650
  3. Rs. 77,857.14
  4. Rs. 7,65,000
  5. Rs. 92,541
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