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)  

 Selvanayaki bought a suitcase for 2221 .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 2884 .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)  

 Jeevini bought a suitcase for 2576 .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)  

 Savithri bought a suitcase for 2533 .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)  

 Chithra bought a suitcase for 2627 .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)  

 Amutha bought a suitcase for 2931 .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)  

 Keerthi bought a suitcase for 2944 .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)  

 Swathi bought a suitcase for 2766 .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 2405 .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)  

 Haritha bought a suitcase for 2960 .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)  

 Selvanayaki bought a suitcase for 2221 .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: 106


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 2221, the original price of the suitcase 

                                    =   (100÷105) x 2221

                                    =   2115

                  VAT           =   2221-2115

                                    =     106



2)  

 Jeevini bought a suitcase for 2884 .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 2884, the original price of the suitcase 

                                    =   (100÷105) x 2884

                                    =   2747

                  VAT           =   2884-2747

                                    =     137



3)  

 Jeevini bought a suitcase for 2576 .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: 123


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 2576, the original price of the suitcase 

                                    =   (100÷105) x 2576

                                    =   2453

                  VAT           =   2576-2453

                                    =     123



4)  

 Savithri bought a suitcase for 2533 .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: 121


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 2533, the original price of the suitcase 

                                    =   (100÷105) x 2533

                                    =   2412

                  VAT           =   2533-2412

                                    =     121



5)  

 Chithra bought a suitcase for 2627 .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: 125


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 2627, the original price of the suitcase 

                                    =   (100÷105) x 2627

                                    =   2502

                  VAT           =   2627-2502

                                    =     125



6)  

 Amutha bought a suitcase for 2931 .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: 140


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 2931, the original price of the suitcase 

                                    =   (100÷105) x 2931

                                    =   2791

                  VAT           =   2931-2791

                                    =     140



7)  

 Keerthi bought a suitcase for 2944 .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: 140


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 2944, the original price of the suitcase 

                                    =   (100÷105) x 2944

                                    =   2804

                  VAT           =   2944-2804

                                    =     140



8)  

 Swathi bought a suitcase for 2766 .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: 132


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 2766, the original price of the suitcase 

                                    =   (100÷105) x 2766

                                    =   2634

                  VAT           =   2766-2634

                                    =     132



9)  

 Pavi bought a suitcase for 2405 .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: 115


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 2405, the original price of the suitcase 

                                    =   (100÷105) x 2405

                                    =   2290

                  VAT           =   2405-2290

                                    =     115



10)  

 Haritha bought a suitcase for 2960 .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: 141


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 2960, the original price of the suitcase 

                                    =   (100÷105) x 2960

                                    =   2819

                  VAT           =   2960-2819

                                    =     141