A shopkeeper bought a washing machine at a discount of 20% from a wholesaler, the printed price of the washing machine being Rs 18,000. The shopkeeper sells it to a consumer at a discount of 10% on the printed price. If the rate of sales tax is 8% find: (i) The VAT paid by the shopkeeper. (ii) The total amount that the consumer pays for the washing machine. [4 MARKS]

A shopkeeper bought a washing machine at a discount of 20% from a whol

1.	A shopkeeper bought a washing machine at a discount of 20% from a wholesaler, the printed price of the washing machine being Rs 18,000. The shopkeeper sells it to a consumer at a discount of 10% on the printed price. If the rate of sales tax is 8% find: (i) The VAT paid by the shopkeeper. (ii) The total amount that the consumer pays for the washing machine. [4 MARKS]
Answer» A shopkeeper bought a washing machine at a discount of 20% from a wholesaler, the printed price of the washing machine being Rs 18,000. The shopkeeper sells it to a consumer at a discount of 10% on the printed price. If the rate of sales tax is 8% find: (i) The VAT paid by the shopkeeper. (ii) The total amount that the consumer pays for the washing machine. [4 MARKS]