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13. Profit, Loss, Discount and Value Added Tax (VAT)
Home · Class 8 · Maths · Ref. Book · 13. Profit, Loss, Discount and Value Added Tax (VAT)
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Q19 of 70 Page 13

Shruti bought a set of cosmetic items for Rs. 345 including 15% value added tax and a purse for Rs. 110 including 10% VAT. What percent is the VAT charged on the whole transaction?

Let x be the price of cosmetic


VAT =



X =


Let Y be the price of purse


VAT =



Y =


Total cost excluding VAT = 300+100 = 400


Let 3% be VAT percentage



3 =


VAT on whole transaction = 13.75%


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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.

18

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.

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.

21

List price of a washing machine is Rs. 9000. If the dealer allows a discount of 5% on the cash payment, how much money will a customer pay to the dealer in cash, if the rate of VAT is 10%?

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