A trader who finally sells a product to a customer is known as ________.
A manufacturer sells an article to a wholesaler for ₹ 5000 . The wholesaler sells it to a trader at a profit of ₹ 1000 and trader , in turn sells it to a customer at a profit of ₹ 1500. If the rate of VAT is 8 % find :
i) the amount of VAT received by the State Goverment on the sale of this article
ii) the amount that customer pays for the article
A manufacturer sells a washing machine to a wholesaler for Rs.15,000. The wholesaler sells it to a trader at a profit of Rs.1,200 & the trader in turn sells it to a consumer at a profit of Rs.1,800.
If the VAT rate is 8% find the
A manufacturer sells a washing machine to a wholesaler for Rs. 20000. The wholesaler sells it to a trader at a profit of Rs. 1500 and the trader, in turn, sells it to a consumer at a profit of Rs. 2000. If the rate of VAT is 8%, the VAT received from manufacturer and wholesaler are:
The manufacturer of a table sells it to a wholesale dealer at a profit of 10%. The wholesale dealer sells the table to a retailer at a profit of 30%. Finally, the retailer sells it to a customer at a profit of 50%. If the customer pays Rs. 4290 for the table, then its manufacturing cost (in Rs) is
The cost of an article is Rs 6000 to a distributor. If he sells it to a trader for Rs 7500. The trader sells it to a customer for Rs 8000. If the VAT rate is 12.5%; find the VAT paid by the:
i) distributor ii) trader