How much money would I have to pay for an item with an original price of 100 AED after 5% VAT is added?

BIZ 9 Quiz

Quiz
•
Business
•
9th Grade
•
Medium
Sheryl Flores
Used 24+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
10.5 AED
110 AED
105 AED
100 AED
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the VAT on an item that costs 100 AED if VAT is calculated at 20%?
15 AED
20 AED
10 AED
5 AED
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sales tax is _________ to the price.
Added
Divided
Subtracted
Multiplied
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________ is filling again by supplying what has been used up. It means once the item is sold, they need to order again to replace whatever they sold.
Product
Thresholds
Consignment
Replenishment
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This arrangement means that whatever is being sold, that is the money the buyer needs to pay to the supplier, not the whole item that they delivered.
Product
Consignment
Replenishment
Thresholds
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A process where you don’t have to wait for product inventory to be empty before ordering new products to display.
Consignment
Product
Replenishment
Thresholds
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the acronym V.A.T. stand for?
Value Added To
Value And Tax
Value as Tax
Value Added Tax
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