Quiz about Discounts and GST

Question 1

GST is known as;

Accepted Answer

Goods and Services Tax

Answer

Goods and Services Taxation

Answer

Gold and Services Tax

Answer

Gold and Sanctions Tax

Question 2

GST is added on in Australia at a rate of what percentage?

Accepted Answer

10%

Answer

5%

Answer

7.5%

Answer

12.5%

Question 3

Add GST to the following value; $180

Accepted Answer

$198

Answer

$190

Answer

$203

Answer

$208

Question 4

A store offers a 5% discount on all goods purchased with cast rather than credit cards.
What is the cash discount price for a jacket usually costing $85?

Accepted Answer

$80.75

Answer

$4.75

Answer

$8.50

Answer

$77.50

Question 5

Calculate the original cost of a dress that now costs $90 after having a 25% discount.

Accepted Answer

$120

Answer

$100

Answer

$110

Answer

$130

Question 6

Calculate the original cost of a phone that now costs $152 after having a 20% discount.

Accepted Answer

$190

Answer

$200

Answer

$220

Answer

$240

Question 7

A business is trying to sell a donkey for $5700 calculate the discount if they reduced it by 15% to the nearest hundredth.

Accepted Answer

$900

Answer

$880

Answer

$855

Answer

$915

Question 8

Calculate the % discounted if the original cost of a car was $5200 and the sale price is $4992.

Accepted Answer

4%

Answer

3%

Answer

3.5%

Answer

4.5%

Question 9

The discounted amount is $40 off a full price at 25%. Calculate the original price of the item.

Accepted Answer

$160

Answer

$120

Answer

$200

Answer

$240

Question 10

Calculate the discount on a item that was originally$1560 and has a discount of $78.

Accepted Answer

5%

Answer

2%

Answer

8%

Answer

11%

Question 11

A suitcase initially costing $220 was discounted 50%, then a additional 10% discount was applied on the sale price. Calculate the new discounted price.

Accepted Answer

$99

Answer

$88

Answer

$90

Answer

$95

Question 12

A watch initially costing $2200 was discounted 50%, then a additional 10% discount was applied on the sale price. Calculate the new discounted price.

Accepted Answer

45%

Answer

40%

Answer

50%

Answer

55%

Question 13

Calculate the % discounted if the original cost of a stereo system costing $550 and the sale price is $426.25.

Accepted Answer

22.5%

Answer

17.5%

Answer

20%

Answer

25%

Question 14

Josh bought some magical beans $25 excluding GST based on the original price with a discount of 50%. How much did they initial cost and should he have bought them?

Accepted Answer

$55 and yes he should have bought them

Answer

$55 and no he should not have bought them

Answer

$55.50 and yes he should have bought them

Answer

$55.50 and no he should not have bought them

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