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.
संबंधित प्रश्न
The printed price of an article is ₹ 60000. The wholesaler allows a discount of 20% to the shopkeeper. The shopkeeper sells the article to the customer at the printed price. Sales tax (under VAT) is charged at the rate of 6% at every stage. Find :
(i) the cost to the shopkeeper inclusive of tax.
(ii) VAT paid by the shopkeeper to the Government.
(iii) the cost to the customer inclusive of tax.
Q
Q
Q
Q
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.
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.
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
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
Consumer’s cost price inclusive of VAT is
