A purchases an article for Rs. 3,100 and sells it to B for Rs. 4250. B in turn sells it to C for Rs. 5000. If VAT is 10%, find the VAT levied on A and B.
Rs.115, Rs. 75 respectively
VAT paid by A = 10% of Rs. (4250 - 3100)
= 10% of Rs. 1,150 = Rs.115
VAT paid by B = 10% of Rs(5,000 - 4250) = 10% of 750 = Rs. 75.