9th Class General Math Chapter 5 Test05. Consumer Mathematics

Q1. Multiple choice questions (Attempt all · 10 × 1 = 10)

1. The form of a tax which the buyer pays on a manufactured item at the time of purchase is called.
   1. excise duty
   2. income tax
   3. tax
   4. sales tax
2. The total annual income of a person is Rs.6,25,000 while the exemption is Rs.1,50,000 and the remaining income will be taxable at the rate of 4.5%.
   1. Rs 2,137
   2. Rs 2,138
   3. Rs 2137.75
   4. Rs 2137.5
3. Additional tax at the rate of 10% on television worth Rs.12,000. It will be Rs.............
   1. 1000
   2. 1100
   3. 1200
   4. 1300
4. The price of an air conditioner including sales tax is Rs 40,000 on which sales tax will be charged at the rate of 16% per annual.
   1. Rs.6,200
   2. Rs.6,400
   3. Rs.6,600
   4. Rs.6,800
5. The tax charged on the owner of a land, house, flats or building is called.
   1. property tax
   2. direct tax
   3. income tax
   4. indirect tax
6. If the annual income from a flat is Rs.6,00,000 then the tax payable at the rate of 15%. It will be Rs.
   1. 10000
   2. 90000
   3. 80000
   4. 70000
7. The tax charged on all the taxable income is called.
   1. sales tax
   2. income tax
   3. direct tax
   4. excise duty
8. When we buy something, we pay a certain amount of tax which is added to the purchase price of something as an additional tax.
   1. It is called property tax
   2. It is called sales tax
   3. It is called income tax
   4. It is called tax
9. Tax on all types of income during the financial year from 1st July to 30th June.
   1. Property tax
   2. Tax
   3. Sales tax
   4. Income tax
10. On purchase of goods or services in Pakistan ............ Tax is taken.
    1. 0.14
    2. 0.15
    3. 0.16
    4. 0.17