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A Retailer Purchases a Fan for ₹ 1200 from a Wholesaler and Sells It to a Consumer at a 15% Profit. If the Rate of Sales Tax (Under Vat) at Every Stage is 8%, Then Choose the Correct - Mathematics

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प्रश्न

A retailer purchases a fan for ₹ 1200 from a wholesaler and sells it to a consumer at a 15% profit. If the rate of sales tax (under VAT) at every stage is 8%, then choose the correct answer from the given four options
VAT paid by the wholesaler is

विकल्प

  •  ₹96

  •  ₹14.40

  • ₹110.40

  •  ₹180

MCQ
योग
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उत्तर

Rate of VAT = 8%
.’. VAT paid by wholesaler

= ₹1200 x `(8)/(100)`
= ₹96.

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अध्याय 1: Value Added Tax - Multiple Choice Question

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एमएल अग्रवाल Understanding Mathematics [English] Class 10 ICSE
अध्याय 1 Value Added Tax
Multiple Choice Question | Q 2

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