4. If a shopkeeper gives 30% discount on a TV, a refrigerator and a CD
player. If the prices of these things are Rs. 13990, Rs. 8090 and Rs.
2999, what discount will be cut off? How much will we have to pay if
we buy all of them?
Answers
Step-by-step explanation:
The list price of a refrigerator is Rs. 9700. If a value added tax of 6% is to be charged on it, how much one has to pay to buy the refrigerator?
Solution:
Given,
The list price of a refrigerator is = Rs 9700
VAT = 6%
Rate of VAT = 6% of Rs 9700
= 6/100 × 9700
= Rs 582
∴ The total amount one has to pay to buy refrigerator is Rs 9700 + Rs 582 = Rs 10282
2. Vikram bought a watch for Rs. 825. If this amount includes 10% VAT on the list prices. What was the list price of the watch?
Given,
Vikram bought watch for = Rs 825
VAT = 10%
Let the list price of the watch be = Rs x
VAT at the rate of 10% on Rs x = Rs 10/100 × x = Rs x/10
So, the list price of the watch = Rs (x + x/10) = Rs 11x/10
It is given that watch is bought at the price of Rs 825
∴ 11x/10 = 825
x = (825×10)/11
= 750
∴ List price of the watch is Rs 750
3. Aman bought a shirt for Rs. 374.50 which includes 7% VAT. Find the list price of the shirt.
Solution:
Given,
Aman bought a shirt for = Rs 374.50
VAT = 7%
Let the list price of the shirt be = Rs x
VAT at the rate of 7% on Rs x = Rs 7/100 × x = Rs 7x/100
So, the list price of the shirt = Rs (x + 7x/100) = Rs 107x/100
It is given that shirt is bought at the price of Rs 374.50
∴ 107x/100 = 374.50
x = (374.50×100)/107
= 350
∴ List price of the shirt is Rs 350
4. Rani purchases a pair of shoes whose sale price is Rs. 175. If she pays VAT at the rate of 7%, how much amount does she pay as VAT? Also, find the net value of the pair of shoes.
Solution:
Given,
Sale price of shoes = Rs.175
VAT = 7%
VAT at the rate 7% of 175 = 7/100 × 175 = Rs 12.25
∴ Net value of pair of shoes = sale price +VAT
= 175 + 12.25 = Rs 187.25
5. Swarna paid Rs. 20 as VAT on a pair of shoes worth Rs. 250. Find the rate of VAT.
Solution:
Given,
List price of shoes = Rs.250
Let VAT be = x%
So, VAT at the rate x% of 250 = 20 (Given)
x = (20×100)/250 = 8%
∴ VAT = 8%
6. Sarita buys goods worth Rs. 5500. She gets a rebate of 5% on it. After getting the rebate if VAT at the rate of 5% is charged, find the amount she will have to pay for the goods.
Solution:
Given,
Price of goods is = Rs 5500
Discount = 5%
VAT = 5% of selling price
So,
Selling price = 95/100 × 5500 = Rs 5225
And,
VAT = 5/100 × 5225 = Rs 261.25
∴ Sarita has to pay an amount of Rs (5225 + 261.25) = Rs 5486.25 for the goods