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13. Profit, Loss, Discount and Value Added Tax (VAT)
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Q18 of 70 Page 13

Shikha purchased a car with a marked price of Rs. 210000 at a discount of 5%. If VAT is charged at the rate of 10%, find the amount Shikha had paid for purchasing the car.

Given,


Marked price = Rs 210000


Discount = 5%



S.P. = M.P.


S.P. =


S.P. = 199500


VAT = 10% on S.P.


=


Total cost shikha has to pay for purchasing the Car = 199500 + 19950 = 219450 Rs


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17

The sales price of a television, inclusive of VAT, is Rs. 13,500. If VAT is charged at the rate of 8% of the list price, find the list price of the television.

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20

List price of a cooler is Rs. 2563. The rate of VAT is 10%. The customer requests the shopkeeper to allow a discount in the price of the cooler to such an extent that the price remains Rs. 2563 inclusive of VAT. Find the discount in the price of the cooler.

Questions · 70
13. Profit, Loss, Discount and Value Added Tax (VAT)
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