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A Wholesaler Buys a Computer from a Manufacturer for ₹ 40000. He Marks the Price of the Computer 20% Above His Cost Price and Sells It to a Retailer at a Discount of 10% on the Marked Price. - Mathematics

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प्रश्न

A wholesaler buys a computer from a manufacturer for ₹ 40000. He marks the price of the computer 20% above his cost price and sells it to a retailer at a discount of 10% on the marked price. The retailer sells the computer to a consumer at the marked price. If the rate of sales tax (under VAT) is 10% at every stage, then choose the correct answer from the given four options
VAT paid by the manufacturer is

विकल्प

  • ₹4000

  • ₹4320

  • ₹320

  • none of these

MCQ
योग
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उत्तर

VAT paid by the manufacturer

= ₹40000 x `(10)/(100)`
= ₹4000.

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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 12

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Q


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Calculate the amount of VAT received by the Government from :
(i) the wholesaler.
(ii) the retailer.


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:

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  2. The final price he has to pay for the article.

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A wholesaler buys a computer from a manufacturer for ₹ 40000. He marks the price of the computer 20% above his cost price and sells it to a retailer at a discount of 10% on the marked price. The retailer sells the computer to a consumer at the marked price. If the rate of sales tax (under VAT) is 10% at every stage, then choose the correct answer from the given four options

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A wholesaler buys a computer from a manufacturer for ₹ 40000. He marks the price of the computer 20% above his cost price and sells it to a retailer at a discount of 10% on the marked price. The retailer sells the computer to a consumer at the marked price. If the rate of sales tax (under VAT) is 10% at every stage, then choose the correct answer from the given four options
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