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(Assumption: Profit is Rs 20 at each stage of the selling chain). The manufacturer A, the sale distributor B, the wholesaler C, and the retailer D live in the same state where the rate of VAT is 8%. The cost price of A's commodity is Rs 200. Find the amount of VAT if A sells to B, B sells to C, and C sells to D. Also, find the selling price of D. [4 MARKS]

Answer» (Assumption: Profit is Rs 20 at each stage of the selling chain). The manufacturer A, the sale distributor B, the wholesaler C, and the retailer D live in the same state where the rate of VAT is 8%. The cost price of A's commodity is Rs 200. Find the amount of VAT if A sells to B, B sells to C, and C sells to D. Also, find the selling price of D.
[4 MARKS]


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