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Math practice test 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 with choices \$315, \$325, \$323 and \$318 with online schools' course questions and answers for summative assessment of students. Free math revision notes to learn tax calculations quiz with MCQs to find questions answers based online learning 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