Questions Related to maths

Multiple choice maths gst (goods and service tax) more about gst commission, brokerage and vat taxation, calculation of income tax

What is the final price of the product, after a tax is applied for an Apple tablet. The cost of the Apple tablet is Rs. $235.90$ and the tax rate is $3.4\%$?

  1. Rs. $243.567$
  2. Rs. $243.9206$
  3. Rs. $216.897$
  4. Rs. $268.120$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Given:
Cost of Apple tablet $=$ C.P $+$ Rs. $235.90$
Tax rate $=$ $ 3.4 $ $\%$

Total cost of the tablet $=$ C.P $+$ Tax rate on C.P.
$=$ $ \dfrac{3.4}{100} \times {235.90}=144$
Therefore, the final price of the apple tablet is $235.90 + 8.0206 = 243.9206$ rupees.

Multiple choice maths gst (goods and service tax) more about gst commission, brokerage and vat taxation, calculation of income tax

Find the final price for the product after a tax is applied for book shelve. The cost of the book shelve is Rs. $1200$ rupees and the tax rate is $12\%$.

  1. Rs. $1200$
  2. Rs. $1244$
  3. Rs. $1344$
  4. Rs. $1320$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Given: Cost of book shelve $=$ C.P $+$ $Rs.1200$
Tax rate $=$ $ 12 $%
Total cost of the shelve $=$ C.P $+$ Tax rate on C.P
$=$ $ \dfrac{12}{100} \times {1200}=144$
Therefore, the final price of the book shelve is Rs. $1200 + 144 = 1344$.

Multiple choice maths gst (goods and service tax) more about gst commission, brokerage and vat taxation, calculation of income tax

The cost of a pair of shirts at a shop was Rs. $450$. The sales tax charged was $5\%$. Find the bill amount.

  1. $172.50$
  2. $272.50$
  3. $372.50$
  4. $472.50$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Given:
Selling price $=$ Rs. $450$
We know that Sales tax $= 5\%$ of $450$
$=$ $\dfrac{5\times 450}{100}$
$=$ Rs. $22.50$
Therefore, bill amount $=$ selling price $+$ sales tax
$= 450 + 22.50$
$=$ Rs. $472.50$
The bill amount is Rs.$ 472.50$.

Multiple choice maths gst (goods and service tax) more about gst commission, brokerage and vat taxation, calculation of income tax

In Chennai, Caleb plans to purchase a particular service for Rs. $1300$, plus VAT at $14.5\%$. What is the total cost including VAT?

  1. $1388.5$
  2. $188.5$
  3. $1488.5$
  4. $1300$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Total cost with VAT $=$ cost without VAT $+ 14.5\%$ of cost without VAT
$= 1300 + \dfrac{14.5}{100}\times 1300$
$= 1300 + 188.5$
$= 1488.5$
Therefore, total cost including VAT is Rs. $1488.5$.

Multiple choice maths gst (goods and service tax) more about gst commission, brokerage and vat taxation, calculation of income tax

In Chennai, sales tax is $10.20\%$. What is the tax on items that total Rs. $1450$ before tax?

  1. $1000$
  2. $1450$
  3. $1597.90$
  4. $1302.10$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

According to question, we have

Sales tax $= 10.20\%$ of Rs. $1450$
$=$ $\dfrac{10.20}{100}\times 1450$
$= 147.90$
Before tax cost of the item $= 1450 - 147.40$
$=$ Rs. $1302.10$