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.
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.
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.
A wrist-watch is available at a discount of 9%. If the list-price of the watch is Rs. 1,400; find the discount is given and the selling price of the watch.
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 sells a washing machine to a wholesaler for ₹ 15000. The wholesaler sells it to a trader at a profit of ₹ 1200 and the trader sells it to a consumer at a profit of ₹ 1800. If the rate of VAT is 8%, find :
(i) The amount of VAT received by the State Government on the sale of this machine from the manufacturer and the wholesaler.
(ii) The amount that the consumer pays for the machine.
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 (excluding 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 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
