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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.

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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 wholesaler is

विकल्प

  • ₹4000

  • ₹4320

  • ₹320

  • ₹480

MCQ
योग
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उत्तर

VAT paid by the wholesaler

= ₹43200 x `(10)/(100)`
= ₹4320
VAT already paid
= ₹4000
Net VAT paid by
= ₹4320 – ₹4000
= ₹320.

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