VAT Calculation Quiz

A product is sold for $120, including a VAT rate of 20%. What is the VAT amount?

• A) $20

• B) $24

• C) $25

• D) $28

A company sells a product for $150 before VAT. If the VAT rate is 15%, what is the total price the customer pays?

• A) $165

• B) $172.50

• C) $180

• D) $195

If the VAT rate is 10% and a customer pays $110 for a product, what was the price of the product before VAT was added?

• A) $90

• B) $95

• C) $100

• D) $105

A service is priced at $200 excluding VAT. If the VAT rate is 18%, what is the VAT amount?

• A) $18

• B) $20

• C) $36

• D) $40

If the VAT rate is 12% and the VAT amount is $18, what is the price of the product excluding VAT?

• A) $120

• B) $150

• C) $180

• D) $200

A product costs $200 including VAT. If the VAT rate is 16%, what is the base price of the product?

• A) $160

• B) $166

• C) $172.41

• D) $180

A retailer charges $250 including VAT for a service. If the VAT rate is 20%, how much VAT does the retailer have to pay to the government?

• A) $40

• B) $45

• C) $50

A company purchases goods worth $1,000 before VAT. If the VAT rate is 5%, how much will the company pay in total?

• A) $1,050

• B) $1,100

• C) $1,150

• D) $1,200

A product has a price of $220, including a 10% VAT. What is the net price of the product?

• A) $180

• B) $190

• C) $200

• D) $210

If the price before VAT is $350 and the VAT rate is 8%, what is the total VAT amount?

• A) $20

• B) $24

• C) $28

• D) $32