Advertisements
Advertisements
प्रश्न
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.
Advertisements
उत्तर
Marked price (M.P.) of an article = ₹ 5000
Discount is given to the wholesaler = 25%
Cost price of wholesaler or S.P. of the manufacturer
= `₹(5000(100 - 25))/(100)`
= ₹`(5000 xx 75)/(100)`
= ₹3750
Discount is given to the retailer or S.P. of the wholesaler
= ₹`(5000 xx (100 - 15))/(100)`
= ₹`(5000 xx 85)/(100)`
= ₹4250`
Cost price of the customers = ₹5000
Rate of VAT = 8%
VAT for the manufacture
= `(3750 xx 8)/(100)`
= ₹300
VAT for the wholesaler
= `(4250 xx 8)/(100)`
= ₹340
and VAT for the retailer
= `(5000 xx 8)/(100)`
= ₹400
(i) VAT received from the wholesaler
= ₹ 340 – ₹ 300
= ₹ 40
(ii) and VAT received by the retailer
= ₹ 400 – ₹ 340
= ₹ 60.
APPEARS IN
संबंधित प्रश्न
Tarun bought and article for Rs. 8000 and spent Rs. 1000 for transportation. He marked the article Rs. 11,700 and sold it to a customer. If the customer had to pay 10% sales tax, find:
(1) the customer’s price
(2) Tarun’s profit percent.
Ramesh paid Rs 345.60 as sales tax on a purchase of Rs 3,840. Find the rate of sales tax.
The list price of an article is Rs.800 and is available at a discount of 15 percent. Find :
(i) selling price of the article ;
(ii) cost price of the article, if a profit of `13 1/3` % is made on selling it.
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 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.
A shopkeeper buys a camera at a discount of 20% from the wholesaler, the printed price of the camera being ₹ 1600 and the rate of sales tax is 6%. The shopkeeper sells it to the buyer at the printed price and charges sales tax at the same rate. Find
(i) the price at which the camera can be bought.
(ii) the VAT (Value Added Tax) paid by the shopkeeper.
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:
- The amount of VAT that a customer has to pay.
- The final price he has to pay for the article.
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
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
A manufacturing company sold an article to its distributor for ₹22000 including VAT. The distributor sold the article to a dealer for ₹22000 excluding tax and the dealer sold it to a consumer for ₹25000 plus tax (under VAT). If the rate of sales tax (under VAT) at each stage is 10%, find :
(i) the sale price of the article for the manufacturing company.
(ii) the amount of VAT paid by the dealer.
