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A manufacturer produces an article and sells it to a wholesaler at a price of ₹ 500 and wholesaler sells it to retailer at a price of ₹ 600. The retailer sells it to the customer at a price of ₹ 800. If the sales tax charged is 5%. Find the total tax charged by the government under VAT. |
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Answer» A manufacturer produces an article and sells it to a wholesaler at a price of ₹ 500 and wholesaler sells it to retailer at a price of ₹ 600. The retailer sells it to the customer at a price of ₹ 800. If the sales tax charged is 5%. Find the total tax charged by the government under VAT. |
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