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)  

 Tamilselvi bought a suitcase for 2257 .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 2854 .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 2272 .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)  

 Thamarai bought a suitcase for 2692 .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)  

 Tamilselvi bought a suitcase for 2878 .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)  

 Poovazhagi bought a suitcase for 2560 .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)  

 Ponnalagu bought a suitcase for 2348 .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)  

 Ovini bought a suitcase for 2114 .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)  

 Mithra bought a suitcase for 2077 .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)  

 Ovini bought a suitcase for 2257 .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)  

 Tamilselvi bought a suitcase for 2257 .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: 107


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 2257, the original price of the suitcase 

                                    =   (100÷105) x 2257

                                    =   2150

                  VAT           =   2257-2150

                                    =     107



2)  

 Selvanayaki bought a suitcase for 2854 .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: 136


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 2854, the original price of the suitcase 

                                    =   (100÷105) x 2854

                                    =   2718

                  VAT           =   2854-2718

                                    =     136



3)  

 Thamarai bought a suitcase for 2272 .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: 108


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 2272, the original price of the suitcase 

                                    =   (100÷105) x 2272

                                    =   2164

                  VAT           =   2272-2164

                                    =     108



4)  

 Thamarai bought a suitcase for 2692 .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: 128


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 2692, the original price of the suitcase 

                                    =   (100÷105) x 2692

                                    =   2564

                  VAT           =   2692-2564

                                    =     128



5)  

 Tamilselvi bought a suitcase for 2878 .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 2878, the original price of the suitcase 

                                    =   (100÷105) x 2878

                                    =   2741

                  VAT           =   2878-2741

                                    =     137



6)  

 Poovazhagi bought a suitcase for 2560 .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: 122


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 2560, the original price of the suitcase 

                                    =   (100÷105) x 2560

                                    =   2438

                  VAT           =   2560-2438

                                    =     122



7)  

 Ponnalagu bought a suitcase for 2348 .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 2348, the original price of the suitcase 

                                    =   (100÷105) x 2348

                                    =   2236

                  VAT           =   2348-2236

                                    =     112



8)  

 Ovini bought a suitcase for 2114 .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: 101


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 2114, the original price of the suitcase 

                                    =   (100÷105) x 2114

                                    =   2013

                  VAT           =   2114-2013

                                    =     101



9)  

 Mithra bought a suitcase for 2077 .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: 99


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 2077, the original price of the suitcase 

                                    =   (100÷105) x 2077

                                    =   1978

                  VAT           =   2077-1978

                                    =     99



10)  

 Ovini bought a suitcase for 2257 .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: 107


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 2257, the original price of the suitcase 

                                    =   (100÷105) x 2257

                                    =   2150

                  VAT           =   2257-2150

                                    =     107