Taxation MCQs Quiz Worksheet PDF Download

Practice taxation MCQs in math quiz for online learning test. Math applications quiz questions has multiple choice questions (MCQ), taxation test to practice as if an article costs $350 with 6% gst then price customer has to pay is. Answer key help with choices as $362, $351, $371 and $341 problem solving for competitive exam, viva prep, interview questions worksheets. Free math revision notes to practice taxation quiz with MCQs to find questions answers based online learning tests.

MCQs on Taxation Quiz PDF Download

MCQ. If an article costs $350 with 6% GST then the price customer has to pay is

  1. $362
  2. $351
  3. $371
  4. $341

C

MCQ. If a refrigerator is advertised for $215 inclusive of 7% GST then the original price is

  1. $325.95
  2. $225.95
  3. $210.95
  4. $199.95

D

MCQ. The income tax imposed on first $30000 is $600 and on the next $10000 income is 6%. If the chargeable income is $39200 then income tax payable is

  1. $1,452
  2. $1,152
  3. $1,252
  4. $1,352

B

MCQ. The income tax imposed on first $90000 of income is $4000 and next $20000 is 7%. If chargeable income is $100,000 then the tax payable by the tax payers is

  1. $5,400
  2. $6,500
  3. $7,000
  4. $7,200

A

MCQ. If the tax payable is $8000 for 8 months at rate of 16% then annual value of real estate property is

  1. $85,000
  2. $75,000
  3. $78,000
  4. $89,000

B