MCQ VAT and Discount

Discount is difference of......

• MP and CP

• MP and SP

• SP and CP

• SP and SP with VAT

Discount is certain percentage of .........

• MP

• SP

• CP

• SP with VAT

If discount is Rs.a and M.P. is Rs.b then S.P. after discount is Rs.......

• a-b

• a+b

• b-a

• b+a

If S.P. Rs.a and M.P. is Rs.b then the discount is Rs.......

• a-b

• a+b

• b-a

• b+a

If S.P. Rs.200 and M.P. is Rs.500 then the discount is Rs.......

• 300

• 800

• 700

• 600

If the discount rate is 20% and M.P. is Rs.500 then the discount amount is Rs......

• 200

• 300

• 100

• 400

VAT is the difference of.........

• SP with VAT and SP

• SP and CP

• CP and MP

• MP and SP

The certain percentage of the SP in each stage of selling is called.............

• discount

• loss

• profit

• VAT

13% VAT of selling price Rs.4500 is Rs........

• 558

• 585

• 580

• 858

If MP is Rs.x,discount is Rs.y and VAT is RS.z then SP with VAT is Rs.........

• x+y-z

• x-y-z

• x+y+z

• x-y+z