Worksheet on Mark-ups and Discounts Involving Sales Tax

Practice the questions given in the worksheet on mark-ups and discounts involving sales tax.

1. Michael purchased a washing with a marked price of $ 16500at a discount of 8%. If sales tax is charged at 10% on the price asked for, find the amount Michael had to pay for the washing machine.

2. Alex bought an article for $ 374 which includes a discount of 15% on the listed price and a sales tax at the rate of 10% on the reduced price. Find the listed price of the article.

3. A man wants to purchase an article of marked price $ 400, which is being sold at a discount. If the sale tax is 10% on the price charged, he can buy it for $ 4200. Find the rate of discount allowed.

4. The listed price of an article is $ 560. The shopkeeper marks up the price and sells it at $ 735 which includes a sales tax 5% on the price asked for. By what per cent did the shopkeeper marked up the listed price?

5. A shopkeeper marks up the listed price of an article by 8% but allows a discount of 55 on the raised price. He sells it at $ 677.16 inclusive of a sales tax of 10% on the price asked for. Find the listed price of the article.

6. The catalogue price of a colour TV is $ 24000. A shopkeeper gives a discount of 8% on the listed price. He gives a further off-season discount of 5% on the balance. But sales tax at 10% is charged on the remaining amount. Find:

(i) the sales tax amount a customer has to pay, and

(ii) the final price the customer has to pay for the TV.

Answers for the worksheet on mark-ups and discounts involving sales tax are given below.

Answers:

1. $16,698

2. $ 400

3. 4$\frac{6}{11}$%

4. 25 %

6. $ 600

7. (i) $ 2097.60

(ii) $ 23073.60

● Sales Tax and Value Added Tax

• Calculation of Sales Tax
• Sales Tax in a Bill
• Mark-ups and Discounts Involving Sales Tax
• Profit Loss Involving Tax
• Value Added Tax
• Problems on Value Added Tax (VAT)
• Worksheet on Printed Price, Rate of Sales Tax and Selling Price
• Worksheet on Profit/Loss Involving Sales Tax
• Worksheet on Sales Tax and Value-added Tax
• Worksheet on Mark-ups and Discounts Involving Sales Tax

10th Grade Math

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