Scroll:Life mathematics >> profit and loss >> saq (4263)

Written Instructions:

For each Multiple Choice Question (MCQ), four options are given. One of them is the correct answer. Make your choice (1,2,3 or 4). Write your answers in the brackets provided..

For each Short Answer Question(SAQ) and Long Answer Question(LAQ), write your answers in the blanks provided.

Leave your answers in the simplest form or correct to two decimal places.


 

1)  

 Ovini bought a suitcase for 2927 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.


Answer:_______________




2)  

 Selvanayaki bought a suitcase for 2876 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.


Answer:_______________




3)  

 Thamarai bought a suitcase for 2148 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.


Answer:_______________




4)  

 Parveen bought a suitcase for 2789 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.


Answer:_______________




5)  

 Nandini bought a suitcase for 2101 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.


Answer:_______________




6)  

 Keerthi bought a suitcase for 2529 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.


Answer:_______________




7)  

 Tulasi bought a suitcase for 2350 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.


Answer:_______________




8)  

 Haritha bought a suitcase for 2882 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.


Answer:_______________




9)  

 Pavi bought a suitcase for 2602 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.


Answer:_______________




10)  

 Indra bought a suitcase for 2889 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.


Answer:_______________




 

1)  

 Ovini bought a suitcase for 2927 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.

Answer: 139


SOLUTION 1 :

Soln  :

    Given VAT is 5%

    If the price without VAT is 100, then the price including VAT is 105.

    Now, When price including VAT is 105, original price is 100.

    When price including VAT is 2927, the original price of the suitcase 

                                    =   (100÷105) x 2927

                                    =   2788

                  VAT           =   2927-2788

                                    =     139



2)  

 Selvanayaki bought a suitcase for 2876 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.

Answer: 137


SOLUTION 1 :

Soln  :

    Given VAT is 5%

    If the price without VAT is 100, then the price including VAT is 105.

    Now, When price including VAT is 105, original price is 100.

    When price including VAT is 2876, the original price of the suitcase 

                                    =   (100÷105) x 2876

                                    =   2739

                  VAT           =   2876-2739

                                    =     137



3)  

 Thamarai bought a suitcase for 2148 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.

Answer: 102


SOLUTION 1 :

Soln  :

    Given VAT is 5%

    If the price without VAT is 100, then the price including VAT is 105.

    Now, When price including VAT is 105, original price is 100.

    When price including VAT is 2148, the original price of the suitcase 

                                    =   (100÷105) x 2148

                                    =   2046

                  VAT           =   2148-2046

                                    =     102



4)  

 Parveen bought a suitcase for 2789 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.

Answer: 133


SOLUTION 1 :

Soln  :

    Given VAT is 5%

    If the price without VAT is 100, then the price including VAT is 105.

    Now, When price including VAT is 105, original price is 100.

    When price including VAT is 2789, the original price of the suitcase 

                                    =   (100÷105) x 2789

                                    =   2656

                  VAT           =   2789-2656

                                    =     133



5)  

 Nandini bought a suitcase for 2101 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.

Answer: 100


SOLUTION 1 :

Soln  :

    Given VAT is 5%

    If the price without VAT is 100, then the price including VAT is 105.

    Now, When price including VAT is 105, original price is 100.

    When price including VAT is 2101, the original price of the suitcase 

                                    =   (100÷105) x 2101

                                    =   2001

                  VAT           =   2101-2001

                                    =     100



6)  

 Keerthi bought a suitcase for 2529 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.

Answer: 120


SOLUTION 1 :

Soln  :

    Given VAT is 5%

    If the price without VAT is 100, then the price including VAT is 105.

    Now, When price including VAT is 105, original price is 100.

    When price including VAT is 2529, the original price of the suitcase 

                                    =   (100÷105) x 2529

                                    =   2409

                  VAT           =   2529-2409

                                    =     120



7)  

 Tulasi bought a suitcase for 2350 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.

Answer: 112


SOLUTION 1 :

Soln  :

    Given VAT is 5%

    If the price without VAT is 100, then the price including VAT is 105.

    Now, When price including VAT is 105, original price is 100.

    When price including VAT is 2350, the original price of the suitcase 

                                    =   (100÷105) x 2350

                                    =   2238

                  VAT           =   2350-2238

                                    =     112



8)  

 Haritha bought a suitcase for 2882 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.

Answer: 137


SOLUTION 1 :

Soln  :

    Given VAT is 5%

    If the price without VAT is 100, then the price including VAT is 105.

    Now, When price including VAT is 105, original price is 100.

    When price including VAT is 2882, the original price of the suitcase 

                                    =   (100÷105) x 2882

                                    =   2745

                  VAT           =   2882-2745

                                    =     137



9)  

 Pavi bought a suitcase for 2602 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.

Answer: 124


SOLUTION 1 :

Soln  :

    Given VAT is 5%

    If the price without VAT is 100, then the price including VAT is 105.

    Now, When price including VAT is 105, original price is 100.

    When price including VAT is 2602, the original price of the suitcase 

                                    =   (100÷105) x 2602

                                    =   2478

                  VAT           =   2602-2478

                                    =     124



10)  

 Indra bought a suitcase for 2889 .The VAT for this iteam is 5% .What was the price of suitcase before VAT was added Also state how much is the VAT.

Answer: 138


SOLUTION 1 :

Soln  :

    Given VAT is 5%

    If the price without VAT is 100, then the price including VAT is 105.

    Now, When price including VAT is 105, original price is 100.

    When price including VAT is 2889, the original price of the suitcase 

                                    =   (100÷105) x 2889

                                    =   2751

                  VAT           =   2889-2751

                                    =     138