1.

Find the vat on 2500Rs @8%​

Answer»

Answer:

PRINTED price=Rs.2500

Discount RATE =30%

Price after discount=2500-30%  of 2500

⇒2500−10030×2500

⇒2500−750=Rs.1750

Rate of sales tax=8%

∴Tax PAID by the shopkeeper=8% of 1750

=1008×1750=Rs.140

The shopkeeper sells the ARTICLE to customer at printed price .

Printed price=Rs.2500

Rate of sales tax=8%

∴Tax paid by the customer=8% of 2500

⇒1008×2500=Rs.200

VAT=Tax paid by the customer-Tax paid by the Shopkeeper

VAT=200−140=Rs.60


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