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A shopkeeper purchases an article for Rs. 12,400 and sells it to a customer for Rs. 17,000. If the tax under VAT is 8%, find the VAT paid by the shopkeeper. |
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Answer» A shopkeeper purchases an article for Rs. 12,400 and sells it to a customer for Rs. 17,000. If the tax under VAT is 8%, find the VAT paid by the shopkeeper. |
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