#### Question

Q

#### Solution

List price of the article = Rs. 48000

Discount = 30% of Rs. 48000 = 30/100 x 48000 = Rs. 14400

∴ Cost price for shopkeeper = Rs. (48000 - 14400) = Rs. 33600

Tax paid by shopkeeper = 10/100 x 33600 = Rs. 3360

Shopkeeper sells an article to the customer at 10% discount on listed price.

∴ Discount = 10% on Rs. 48000 = 10/100 x 48000 = Rs. 4800

∴ S.P. by shopkeeper after discount = Rs.

(48000 - 4800) = Rs. 4320

Tax charged by shopkeeper = 10/100 x 43200 = Rs. 4320

∴ VAT paid by the shopkeeper = Tax charged - tax paid

= Rs. (4320 - 3360)

= Rs. 960

Is there an error in this question or solution?

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Q Concept: Computation of Tax.

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