Question

A manufacturer sells a washing machine to a wholesaler for Rs 15000. The wholesaler sells it to a trader at a profit of Rs 1200 and the trader in turn sells it to a consumer at a profit of Rs 1800. If the rate of VAT is 8% find the amount of VAT received by the State Government on the sale of this machine from the wholesaler.

• A. Rs 85
• B. Rs 54
• C. Rs 80
• D. Rs 96

Answer 1

The correct option is D

Rs 96