ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 25 Value Added Tax Chapter Test

ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 25 Value Added Tax Chapter Test

These Solutions are part of ML Aggarwal Class 10 Solutions for ICSE Maths. Here we have given ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 1 Value Added Tax Chapter Test.

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Question 1.
A shopkeeper bought a washing machine at a discount of 20% from a wholesaler, the printed price of the washing machine being ₹ 18000. The shopkeeper sells it to a consumer at a discount of 10% on the printed price. If the rate of sales tax is 8%, find:
(i) the VAT paid by the shopkeeper. 
(ii) the total amount that the consumer pays for the washing machine.
Solution:
(i) SP of washing machine
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 25 Value Added Tax Chapter Test Q50.1
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 25 Value Added Tax Chapter Test Q50.2

Question 2.
A manufacturing company sold an article to its distributor for ₹22000 including VAT. The distributor sold the article to a dealer for ₹22000 excluding tax and the dealer sold it to a consumer for ₹25000 plus tax (under VAT). If the rate of sales tax (under VAT) at each stage is 10%, find :
(i) the sale price of the article for the manufacturing company.
(ii) the amount of VAT paid by the dealer.
Solution:
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 25 Value Added Tax Chapter Test Q50.3

Question 3.
The marked price of an article is ₹7500. A shopkeeper sells the article to a consumer at the marked prices and charges sales tax at . the rate of 7%. If the shopkeeper pays a VAT of ₹105, find the price inclusive of sales tax of the article which the shopkeeper paid to the wholesaler.
Solution:
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 25 Value Added Tax Chapter Test Q50.4

Question 4.
A shopkeeper buys an article at a discount of 30% and pays sales tax at the rate of 6%. The shopkeeper sells the article to a consumer at 10% discount on the list price and charges sales tax at the’ same rate. If the list price of the article is ₹3000, find the price inclusive of sales tax paid by the shopkeeper.
Solution:
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 25 Value Added Tax Chapter Test Q50.5

Question 5.
Mukerjee purchased a movie camera for ₹27468. which includes 10% rebate on the list price and then 9% sales tax (under VAT) on the remaining price. Find the list price of the movie camera.
Solution:
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 25 Value Added Tax Chapter Test Q50.6

Question 6.
A retailer buys an article at a discount of 15% on the printed price from a wholesaler. He marks up the price by 10%. Due to competition in the market, he allows a discount of 5% to a buyer. If the buyer pays ₹451.44 for the article inclusive of sales tax (under VAT) at 8%, find :
(i) the printed price of the article
(ii) the profit percentage of the retailer.
Solution:
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 25 Value Added Tax Chapter Test Q50.7
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 25 Value Added Tax Chapter Test Q50.8

Hope given ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 1 Value Added Tax Chapter Test are helpful to complete your math homework.

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