Question 1: A person buys an unfinished article for Rs.1800 and spends Rs.600 on its finishing, pacing, transportation, etc. He marks the article at such a price that will give him 20% profit. How much will a customer pay for the article including 12% Sales Tax.

Answer:

Price paid for the unfinished article

Overheads

Therefore Cost of the article

Desired profit

Sale Price

Therefore Money paid by the customer = Sale Price of the article+Sales Tax on the article

Question 2: A person buys an article for Rs.800 and spends Rs.100 on its transportation, etc. He marks the article at a certain price and then sells it for Rs.1287 including 10% Sales Tax. Find this profit as per cent.

Answer:

Price paid for the article

Overheads

Therefore Cost of the article

Let the Sale Prices

Sales Tax on the article

Cost to the customer

Therefore Profit

Therefore profit %

Question 3: A person announces a discount of 15% on his goods. If the marked price of an article, in his shop, is Rs.6000; How much a customer has to pay for it, if the rate of Sales Tax is 10%

Answer:

Marker Price

Discount of the marked price

Discounted Price

Sales Tax

Price paid by the customer

Question 4: The catalog price of a colored T.V. is Rs.24000. The shopkeeper gives a discount of 8% on the list price. He gives a further off season discount of 5% on the balance, But Sales Tax at 10% is charged on the remaining amount. Find:

- The sales Tax a customer has to pay.
- The final price he has to pay for the T.V. [2001]

Answer:

Catalog price of a colored T.V.

Price after 8% discount

Price after 5% off season discount

Sales Tax

Price paid by the customer

Question 5: A person marks his goods 40% above the cost price and then allows discount of 20%. Find how much will be a customer pay for an article which costs the person Rs.200 and a Sales Tax of 10% is levied on the sales price of the article.

Answer:

The cost price

Mark Price of goods

Discount given

Discounted Price

Amount paid by the customer

Question 6: A toy is purchased for Rs.591.36 which includes 12% rebate on the printed price and 12% Sales Tax on the sales price of the toy. Find the printed price of the toy.

Answer:

Let the printed Sale Prices

After discount the Sale Price

Price paid by the customer

Question 7: The catalog price on an article is Rs.20,000. The person allows two successive discounts 15% and 10%. If Sales Tax at the rate of 10% is charged on the remaining amount. Find:

- The sales Tax amount a customer has to pay.
- The final total price that customer has to pay for the article.

Answer:

Catalog price of a article

Price after 8% discount

Price after 5% discount

Sales Tax

Price paid by the customer

Question 8: A person buys an article of Rs.1700 at a discount of 15% on its printed price. He raises the printed price of the article by 20% and then sells it for Rs.2688 including sales tax on the new marked price. Find:

- The rate of sales tax
- The trader’s profit as per cent.

Answer:

Let the printed price

Price the trader paid

Given

New Printed Prices

Let the sales tax %

Final Selling prices

Profit

Profit %

Question 9: A person buys an article at a rebate of 20% on its marked price and then spends Rs.300 on its transportation, etc. If he sells the article for Rs.4160 (including sales tax at the rate of 4% of the marked price), find the person’s profit as per cent.

Answer:

Let the printed price

Price the trader paid

Overheads

Sales Tax

Total Price paid by the customer

Therefore

Total cost paid by the shopkeeper

Profit %

Question 10: A person buys an article for Rs.2400 from a wholesaler at 20% rebate on its list price. He marks up the list price of the article bought by 10% and then sells it for Rs.3498 including sales Tax on the marked-up price. Find:

- The rate of sales tax
- The person’s profit as per cent.

Answer:

Let the printed price

Price the trader paid

Given

New Printed Prices

Let the sales tax %

Final Selling prices

Profit

Profit %