Practice tax calculations MCQs in math quiz for test prep. Arithmetical problems and percentages quiz questions has multiple choice questions (MCQ) with tax calculations test, answers as if a certain leather purse has marked price of \$300 and 5% of value-added is imposed on it then total amount buyer has to pay on buying it is, answer key with choices as \$315 , \$325 , \$323 and \$318 for competitive exam preparation worksheets. Free math revision notes to learn tax calculations quiz with MCQs to find questions answers based online tests.

MCQ. If a certain leather purse has marked price of \$300 and 5% of value-added is imposed on it then total amount buyer has to pay on buying it is

1. \$315
2. \$325
3. \$323
4. \$318

A

MCQ. Total amount of money a buyer has to pay if he bought an antique article marked at \$500 with a 15% value-added tax imposed on it is

1. \$630
2. \$614
3. \$620
4. \$575

D

MCQ. If shop keeper marks price of a good at \$150 and buyer gets discount of 20% then selling price of good is

1. \$120
2. \$130
3. \$110
4. \$100

A

MCQ. If designer pair of shoes is advertised on an online store as \$210 inclusive of 6% goods and services tax (GST) then original price of designer pair of shoes is

1. \$285
2. \$198
3. \$210
4. \$225

B

MCQ. There are 30 customers who visited a shop and purchases goods costing \$120. If a sales manager will receive commission of 5% on total sales made by him then commission received (in dollars) is

1. \$240
2. \$215
3. \$180
4. \$200

C

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