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A shopkeeper buys an item at a discount of 20% which has a marked price (M.P) of Rs. 3000 and pays a sales tax at the rate of 8%. The shopkeeper sells the article to a buyer at marked price, and charges a sales tax at the rate of 10%. Find the VAT paid by the shopkeeper. |
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Answer» A shopkeeper buys an item at a discount of 20% which has a marked price (M.P) of Rs. 3000 and pays a sales tax at the rate of 8%. The shopkeeper sells the article to a buyer at marked price, and charges a sales tax at the rate of 10%. Find the VAT paid by the shopkeeper. |
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