Search Header Logo
  1. Resource Library
  2. Math
  3. Financial Literacy
  4. Sales Tax
  5. Sales Tax And Discounts Problems
Sales Tax and Discounts Problems

Sales Tax and Discounts Problems

Assessment

Interactive Video

Mathematics

9th - 10th Grade

Practice Problem

Hard

Created by

Thomas White

FREE Resource

The video tutorial covers the concepts of sales tax and value-added tax (VAT), providing examples of how to calculate these taxes in various scenarios, such as purchasing a TV, furniture, clothing, a washing machine, a color TV, a bicycle, and a watch. The tutorial explains how to determine the market price, apply discounts, and calculate the final amount paid by the customer, including sales tax. It also discusses the importance of understanding these calculations for exam preparation.

Read more

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the listed price of the washing machine mentioned in the introduction?

24,000

12,300

13,530

16,800

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum number of marks you can get from the sales tax chapter in the exam?

5

7

3

10

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a shopkeeper buys a TV at a 30% discount on a listed price of 24,000, what is the cost price for the shopkeeper?

16,800

18,000

21,600

24,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the final amount paid by the customer for the TV after a 10% discount and 10% VAT?

21,600

23,760

24,000

22,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much sales tax does the shopkeeper pay on the TV?

500

1050

2160

408

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the discount received by the customer on the furniture purchase?

1,200

2,160

1,600

1,050

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the printed price of the shirt before sales tax?

336

350

300

400

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?