## Discounts & Sales Tax (Questions)

**Discounts & Sales Tax**

**Section A**

1. Choose the correct answer:

(i)
The discount is always on the _______.

(A)
Marked Price (B) Cost Price (C) Selling Price (D) Interest

(ii)
If M.P. = Rs.140, S.P. = Rs 105, then Discount = _______.

(A)Rs
245 (B) Rs 25 (C) Rs 30 (D) Rs 35

(iii)
______ = Marked Price – Discount.

(A)
Cost Price (B) Selling Price (C) List Price (D) Market price

(iv)
The tax added to the value of the product is called ______ Tax.

(A)
Sales Tax (B) VAT (C) Excise Tax (D) Service Tax

(v)
If the S.P. of an article is Rs 240 and the discount given on it is ` 28, then
the M.P. is _______.

(A) Rs 212 (B) Rs 228 (C) Rs 268 (D) Rs 258

**Section B**

1.
A bicycle marked at Rs 1,500 is sold for Rs 1,350. What is the percentage of
discount?

2.
The list price of a frock is Rs 220. A discount of 20% on sales is announced.
What is the amount of discount on it and its selling price?

3.
An almirah is sold at Rs 5,225 after allowing a discount of 5%. Find its marked
price.

4.
A shopkeeper allows a discount of 10% to his customers and still gains 20%.
Find the marked price of an article which costs Rs 450 to the shopkeeper.

5.
A dealer allows a discount of 10% and still gains 10%. What is the cost price
of the book which is marked at ` 220?

6.
A television set was sold for Rs 14,400 after giving successive discounts of
10% and 20% respectively. What was the marked price?

7.
A trader buys an article for Rs 1,200 and marks it 30% above the C.P. He then
sells it after allowing a discount of 20%. Find the S.P. and profit percent.

8. Vinodh purchased musical instruments for Rs
12,000. If the rate of sales tax is 8%, find the sales tax and the total amount
paid by him.

9. A refrigerator is
purchased for Rs 14,355, including sales tax. If the actual cost price of the
refrigerator is ` 13,050, find the rate of sales tax

10. Priya bought a suitcase
for Rs 2,730. The VAT for this item is 5%. What was the price of the suitcase
before VAT was added? Also state how much is the VAT?

11. The price marked on a
book is Rs 450. The shopkeeper gives 20% discount on it in a book exhibition.
What is the Selling Price?

12 . A television set was
sold for Rs 5,760 after giving successive discounts of 10% and 20%
respectively. What was the Marked Price?

13. Sekar bought a computer
for Rs 38,000 and a printer for Rs 8,000. If the rate of sales tax is 7% for
these items, fi nd the price he has to pay to buy these two items.

14. The selling price with
VAT, on a cooking range is Rs 19,610. If the VAT is 6%, what is the original
price of the cooking range?

Richard got a discount of 10% on the suit he
bought. The marked price was Rs 5,000 for the suit. If he had to pay sales tax
of 10% on the price at which he bought, how much did he pay?

15. The sales tax on a
refrigerator at the rate of 9% is Rs 1,170. Find the actual sale price.

16. A T.V. with marked price
Rs 11,500 is sold at 10% discount. Due to festival season, the shop keeper
allows a further discount of 5%. Find the net selling price of the T.V.

17. A person pays Rs 2,800
for a cooler listed at Rs 3,500. Find the discount percent offered.

18. Deepa purchased 15
shirts at the rate of Rs 1,200 each and sold them at a profit of 5%. If the
customer has to pay sales tax at the rate of 4%, how much will one shirt cost
to the customer?

19. Which is a better offer?
Two successive discounts of 20% and 5% or a single discount of 25%. Give
appropriate reasons.

20. What price should Suneeta mark on a sari
which costs her Rs 2200 so as to gain 26 % after allowing a discount of 12 %?