मराठी

A Manufacturer Buys Raw Material for ₹ 40000 and Pays Sales Tax at the Rate of 4%. He Sells the Ready Stock for ₹ 78000 and Charges Sales Tax at the Rate of 7.5%. Find the Vat Paid

Advertisements
Advertisements

प्रश्न

A manufacturer buys raw material for ₹ 40000 and pays sales tax at the rate of 4%. He sells the ready stock for ₹ 78000 and charges sales tax at the rate of 7.5%. Find the VAT paid by the manufacturer.

बेरीज
Advertisements

उत्तर

The cost price of raw material = ₹ 40000
Rate of sales tax = 4%
Total tax

= ₹`(40000 xx 4)/100 = ₹1600`
Selling price = ₹ 78000
Rate of sales tax = 7.5%
∴ Total tax

= ₹`(78000 xx 7.5)/100`

= ₹`(78000 xx 75)/(100 xx 10)`
= ₹5850
VAT paid by the manufacturer
= ₹ 5850 – ₹ 1600
= ₹ 4250.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

A shopkeeper bought a washing machine at a discount of 20% from a wholesaler, the printed price of the washing machine being Rs. 18,000. The shopkeeper sells it to a consumer at a discount of 10% on the printed price. If the rate of sales tax is 8%, find:
(i) the VAT paid by the shopkeeper.
(ii) the total amount that the consumer pays for the washing machine


The price of a washing machine, inclusive of sales tax is Rs 13,530/-. If the sales tax is 10%, find its basic cost price.


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.


The marked price of two articles A and B together is Rs 6,000. The sales tax on article A is 8% and that on article B is 10%. If on selling both the articles, the total sales tax collected is Rs 552, find the marked price of collected of the articles A and B.


[missing]


Savita purchased an almirah for Rs. 4536 including sale tax. If the list price of the almirah is Rs. 4,200, find the rate of sale tax charged.


A shopkeeper bought a washing machine at a discount of 20% from a wholesaler, the printed price of the washing machine being Rs. 18,000. The shopkeeper sells it to a consumer at a discount of 10% on the printed price. If the rate of sales tax is 8%, find:
(i) the VAT paid by the shopkeeper.
(ii) the total amount that the consumer pays for the washing machine.


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 shopkeeper bought a TVfrom a distributor at a discount of 25% of the listed price of ₹ 32000. The shopkeeper sells the TV to a consumer at the listed price. If the sales tax (under VAT) is 6% at every stage, then choose the correct answer from the given four options :
VAT paid by the distributor is


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

Cost of the computer to the retailer inclusive of tax is


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×