Q12 of 70 Page 13

Ajit buys a motorcycle for Rs. 17600 including value added tax. If the rate of VAT is 10%, what is the sale price of the motorcycle?

Given,


Rate of VAT = 10%


Cost of motorcycle including VAT = Rs. 17600


Let the sale price = Rs.X


=


=


=


Hence,


Sale price of motorcycle = Rs.16000


More from this chapter

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10

Reena goes to ashop to buy a radio, costing Rs. 2568. The rate of VAT is 7%. She tells the shopkeeper to reduce the price of the radio such that she has to pay Rs. 2568, inclusive of VAT. Find the reduction needed in the price of radio.

 11

Rajat goes to a departmental store and buys the following articles:













Item



Price per item



Rate of VAT



2 Pairs of shoes


1 Sewing machine


2 Tes-Sets



Rs. 800


Rs. 1500


Rs. 650



5%


6%


4%



Calculate the total amount he has to pay to the store.

 13

Manoj buys a leather coat costing Rs. 900 at Rs. 990 after paying the VAT. Calaulate the rate of VAT chaged on the coat.

 14

Rakesh goes to a departmental store and purchases the following articles :

(i) biscuits and bakery products costing Rs. 50, VAT @ 5%


(ii) medicine costing Rs.90, VAT @ 10%


(iii) clothes costing Rs. 400, VAT @ 1% and


(iv) cosmetics costing Rs. 150, VAT @ 10%.


Calculate the total amount to be paid by Rakesh to the store.