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)  

 Jeevini bought a suitcase for 2396 .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)  

 Jeevini bought a suitcase for 2840 .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)  

 Poovazhagi bought a suitcase for 2727 .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)  

 Mithra bought a suitcase for 2366 .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)  

 Ponnalagu bought a suitcase for 2454 .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)  

 Chellamal bought a suitcase for 2813 .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)  

 Jeevini bought a suitcase for 2398 .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)  

 Chithra bought a suitcase for 2375 .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)  

 Swathi 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:_______________




10)  

 Poongodi bought a suitcase for 2053 .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)  

 Jeevini bought a suitcase for 2396 .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: 114


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 2396, the original price of the suitcase 

                                    =   (100÷105) x 2396

                                    =   2282

                  VAT           =   2396-2282

                                    =     114



2)  

 Jeevini bought a suitcase for 2840 .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: 135


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 2840, the original price of the suitcase 

                                    =   (100÷105) x 2840

                                    =   2705

                  VAT           =   2840-2705

                                    =     135



3)  

 Poovazhagi bought a suitcase for 2727 .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: 130


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 2727, the original price of the suitcase 

                                    =   (100÷105) x 2727

                                    =   2597

                  VAT           =   2727-2597

                                    =     130



4)  

 Mithra bought a suitcase for 2366 .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: 113


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 2366, the original price of the suitcase 

                                    =   (100÷105) x 2366

                                    =   2253

                  VAT           =   2366-2253

                                    =     113



5)  

 Ponnalagu bought a suitcase for 2454 .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: 117


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 2454, the original price of the suitcase 

                                    =   (100÷105) x 2454

                                    =   2337

                  VAT           =   2454-2337

                                    =     117



6)  

 Chellamal bought a suitcase for 2813 .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: 134


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 2813, the original price of the suitcase 

                                    =   (100÷105) x 2813

                                    =   2679

                  VAT           =   2813-2679

                                    =     134



7)  

 Jeevini bought a suitcase for 2398 .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: 114


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 2398, the original price of the suitcase 

                                    =   (100÷105) x 2398

                                    =   2284

                  VAT           =   2398-2284

                                    =     114



8)  

 Chithra bought a suitcase for 2375 .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: 113


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 2375, the original price of the suitcase 

                                    =   (100÷105) x 2375

                                    =   2262

                  VAT           =   2375-2262

                                    =     113



9)  

 Swathi 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



10)  

 Poongodi bought a suitcase for 2053 .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: 98


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 2053, the original price of the suitcase 

                                    =   (100÷105) x 2053

                                    =   1955

                  VAT           =   2053-1955

                                    =     98