1.

A shopkeeper bought a TV at a discount of 30% of the listed price Rs 24,000. The shopkeeper offers a discount of 10% of the listed price to his customer. If the VAT (Value Added Tax) is 10%. Find: (i) The amount paid by the customer (ii) The VAT to be paid by the shopkeeper. [3 MARKS]

Answer» A shopkeeper bought a TV at a discount of 30% of the listed price Rs 24,000. The shopkeeper offers a discount of 10% of the listed price to his customer. If the VAT (Value Added Tax) is 10%. Find:
(i) The amount paid by the customer
(ii) The VAT to be paid by the shopkeeper.
[3 MARKS]


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