हिंदी

A shopkeeper buys an article for ₹ 12000 and marks up its price by 25%. The shopkeeper gives a discount of 10% on the marked up price. He gives a further off-season discount of 5% on the balance.

Advertisements
Advertisements

प्रश्न

A shopkeeper buys an article for ₹ 12000 and marks up its price by 25%. The shopkeeper gives a discount of 10% on the marked up price. He gives a further off-season discount of 5% on the balance. But the sales tax (under VAT) is charged at 8% on the remaining price. Find:

  1. The amount of VAT that a customer has to pay.
  2. The final price he has to pay for the article.
योग
Advertisements

उत्तर

The cost price of an article = ₹ 12000

Rate of mark up in price = 25%

∴ Marked price

= `("C.P." xx (100 + 25))/(100)`

= `(12000 xx 125)/(100)`

= ₹ 15000

Rate of discount = 10%

Rate off-season discount = 5%

∴ Sale price

= `("M.P." xx (100 - "discount"%))/(100)`

= `(15000(100 - 10) xx (100 - 5))/(100 xx 100)`

= ₹ `(15000 xx 90 xx 95)/(100 xx 100)`

= ₹ 12825

Rate of sales tax = 8%

∴ Amount of sales tax

= ₹ `(12825 xx 8)/(100)`

= ₹ 1026

(i) Amount of sales tax

= ₹ 1026

(ii) Price to be paid

= ₹ 12825 + ₹ 1026

= ₹ 13851

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

Sarita purchases biscuits costing Rs 158 on which the rate of sales tax is 6%. She also purchases some cosmetic goods costing Rs 354 on which the rate of sales tax is 9%. Find the total amount to be paid by Sarita.


Q


Q


A wrist-watch is available at a discount of 9%. If the list-price of the watch is Rs. 1,400; find the discount is given and the selling price of the watch.


A manufacturing company ‘P’ sells a Desert cooler to a dealer A for ₹ 8100 including sales tax (under VAT). The dealer A sells it to a dealer B for ₹ 8500 plus sales tax and the dealer B sells it to a consumer at a profit of ₹ 600. If the rate of sales tax (under VAT) is 8%, find
(i) the cost price of the cooler for dealer A.
(ii) the amount of tax received by the Government.
(iii) the amount which the consumer pays for the cooler.


A manufacturer marks an article for ₹ 5000. He sells it to a wholesaler at a discount of 25% on the marked price and the wholesaler sells it to a retailer at a discount of 15% on the marked price. The retailer sells it to a consumer at the marked price and at each stage, the VAT is 8%.
Calculate the amount of VAT received by the Government from :
(i) the wholesaler.
(ii) the retailer.


A manufacturer listed the price of his goods at ₹ 160 per article. He allowed a discount of 25% to a wholesaler who in his turn allowed a discount of 20% on the listed price to a retailer. The rate of sales tax on the goods is 10%. If the retailer sells one article to a consumer at a discount of 5% on the listed price, then find
(i) the VAT paid by the wholesaler.
(ii) the VAT paid by the retailer.
(iii) the VAT received by the Government.


In a particular tax period, Mr. Sunder Dass, a shopkeeper purchased goods worth ₹ 960000 and paid a total tax of ₹ 62750 (under VAT). During this period, his sales consisted of a taxable turnover of ₹ 400000 of goods taxable at 6% and ₹ 480000 for goods taxable at 12.5%. He also sold tax exempted goods worth ₹ 95640 in the same period. Calculate his tax liability (under VAT) for this period.


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 retailer


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 collected by the Government on the sale of the fan is


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×