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)  

 Mithra bought a suitcase for 2229 .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)  

 Chithra bought a suitcase for 2487 .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)  

 Poongodi bought a suitcase for 2516 .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)  

 Pavi bought a suitcase for 2858 .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)  

 Indra bought a suitcase for 2939 .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)  

 Swathi bought a suitcase for 2402 .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 2672 .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)  

 Ramani bought a suitcase for 2431 .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)  

 Jeevini bought a suitcase for 2436 .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)  

 Poovazhagi bought a suitcase for 2997 .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)  

 Mithra bought a suitcase for 2229 .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 2229, the original price of the suitcase 

                                    =   (100÷105) x 2229

                                    =   2123

                  VAT           =   2229-2123

                                    =     106



2)  

 Chithra bought a suitcase for 2487 .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: 118


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 2487, the original price of the suitcase 

                                    =   (100÷105) x 2487

                                    =   2369

                  VAT           =   2487-2369

                                    =     118



3)  

 Poongodi bought a suitcase for 2516 .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 2516, the original price of the suitcase 

                                    =   (100÷105) x 2516

                                    =   2396

                  VAT           =   2516-2396

                                    =     120



4)  

 Pavi bought a suitcase for 2858 .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 2858, the original price of the suitcase 

                                    =   (100÷105) x 2858

                                    =   2722

                  VAT           =   2858-2722

                                    =     136



5)  

 Indra bought a suitcase for 2939 .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 2939, the original price of the suitcase 

                                    =   (100÷105) x 2939

                                    =   2799

                  VAT           =   2939-2799

                                    =     140



6)  

 Swathi bought a suitcase for 2402 .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 2402, the original price of the suitcase 

                                    =   (100÷105) x 2402

                                    =   2288

                  VAT           =   2402-2288

                                    =     114



7)  

 Tulasi bought a suitcase for 2672 .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: 127


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 2672, the original price of the suitcase 

                                    =   (100÷105) x 2672

                                    =   2545

                  VAT           =   2672-2545

                                    =     127



8)  

 Ramani bought a suitcase for 2431 .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: 116


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 2431, the original price of the suitcase 

                                    =   (100÷105) x 2431

                                    =   2315

                  VAT           =   2431-2315

                                    =     116



9)  

 Jeevini bought a suitcase for 2436 .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: 116


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 2436, the original price of the suitcase 

                                    =   (100÷105) x 2436

                                    =   2320

                  VAT           =   2436-2320

                                    =     116



10)  

 Poovazhagi bought a suitcase for 2997 .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: 143


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 2997, the original price of the suitcase 

                                    =   (100÷105) x 2997

                                    =   2854

                  VAT           =   2997-2854

                                    =     143