Unit-2 (Tax and Money Exchange)-X

Tax and Money Exchange

(Exercise):

1. The marked price of a mobile set is Rs 6,000. What will be the price of that mobile set if 13% VAT is levied after allowing 5% discount? Find it. 
2. The marked price of an electric water heater is Rs. 5200. If the shopkeeper allows 5% discount and adds 13% VAT, then how much will the customer pay for that heater? Find it. 
3. The marked price of a motorcycle was Rs. 1,85,000. What would be the price of the motorcycle if 13% VAT was levied after allowing 10 % festival discount? Find it. 
4. The marked price of a camera is Rs 16,000. If the camera is sold with 15% discount and 13% VAT, then find the amount of VAT. 
5. Pemba bought a TV set with 13% VAT after 15% discount for Rs 7,203.75. What will be actual price of TV? Also find the VAT amount 
6. An electric equipment is sold at Rs 1,11,870 after allowing 10% discount and 13% VAT. Find VAT and discount amount. 
7. The price of a cycle after allowing 15% discount and 13% VAT is Rs.19,323. Find the amount of VAT levied and marked price. 
8. A photocopy machine was sold at 12% discount with 13% VAT. If the customer paid Rs. 3,57,984 then find VAT amount and discount amount. 
9. The price of a calculator is Rs 3000 excluding 13% VAT in the shop A, while its price is Rs 3,277 including VAT in the shop B. Which shop is cheaper and by how much? 
10. 13% VAT is levied on a handicraft after 10% discount. If the VAT amount is Rs 910, then find the marked price and selling price of it with VAT. 
11. A shopkeeper has to pay 7% bonus for selling some goods. If he paid Rs 17,500 bonus and then 13% VAT, what will be marked price and the price including VAT? 
12. Amrit bought a smart watch for Rs.23,391. If he gets 10% discount of amount Rs. 2,300, find the rate of VAT? 
13. Sonia sold a machine of price Rs. 1,50,000 adding 13% VAT to Binod. Binod sold it to Enjila by adding transportation cost Rs. 4,000, profit Rs. 7,000 and Rs. 1,500 local tax. If Enjila has to pay 13% VAT, find the VAT amount paid by Enjila. 
14. A dealer of electric oven sold an induction heater at Rs. 4,200 with 13% VAT to a retailer. The retailer added transportation cost of Rs. 250, profit 15% and local tax Rs. 150 and sold to a consumer. How much amount will be paid for that heater if he/she has to pay 13% VAT. 
15. Timilsina Suppliers sold some construction materials of amount Rs. 4,40,000 to Adhikari suppliers with 10% profit and 13% VAT. Adhikari supplier added Rs. 5,000 as transportation charge, 10% profit and Rs. 250 local tax at their cost price and sold to consumer. Find VAT amount paid by the consumer if he/she has to pay 13% VAT. 
16. Enjal paid Rs 15,255 for a smart phone with 10% discount and 13% VAT. Find marked price of that smart phone. 
17. Bishnu earn US $ 9 per hour. If he works 42 hours per week, how many Nepali Rupees will Bishnu earn in a week? Find it. 
18.  If the range of income of a teacher per month is $1000 – $3200, find it in Nepali rupees. 
19.  What will be per week income of Parbati in NC if she earns 15 Australian Dollars per hour and works 8 hours per day for 5 days? Find it. 
20. Dorje goes Malaysia for 2800 Malaysia Ringgit per month. If he gets 120 Ringgit per month as bonus, find his income in Nepali currency. 
21. How much Singapore dollar should be exchanged to get Rs. 24,180.93? ($1 =Rs. 75.33) 
22. How much Euro should a student of a University of England pay for exam fee if he/she will pay Rs. 9,659.40 from Nepal? Find it. 
23. A person invested Rs 3,87,139 for study an Australia. How much Australian Dollar did that person invest? Find it. (1$ = 82.37 rupees) 
24. How much American Dollar will we obtain from 100 Canadian Dollar? (b) How much Euro will we get from 5 Pound Sterling?
    a. How much Indian Rupee will we get from 1500 Japanese Yen?
    b. How much American dollar will we get from 24,000 Indian Rupee?
    c. If a person earns Australian dollar 3432 per year. How much American dollar will he earn? 
25. Sushila spent US $ 4500 for medicine in America. What amount in Japanese currency did she spend? Find it. 
26. Surya needs $ 45000 for tour. If the bank takes 2% commission for exchange, how much Nepali rupee does he require? Find it. 
27. The amount from remittance £9000 has to be exchanged in Napali rupees. How much will we obtain if the bank takes 1.5% commission? 
28. From Nepali rupee for $ 600 what amount of Japanese yen we found after 2% commission. 
29. A project was contracted with total amount of Chinese Yuan 10,00,000 after 10% devaluation of Nepali rupee, how much should the contractor add to complete the contract? 
30. A laptop was bought at Canadian $ 770. If the tax of 20% and 13% VAT should be paid, find the least selling price of it in Nepali rupee that prevents the shopkeeper from loss? 
31. By selling an object in 17,000 the shopkeeper gains 20% profit. Find the selling price of that object in NRS to get 25% profit. 
32. The ticket of Nepal airline from Kathmandu Bangkok is about Rs 25,000. Its value from Bangkok to Kathmandu is 8520 Bhatt in Thailand. What percent of ticket is expensive in Thailand in comparison to Nepal?