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Question
State whether the statement is true (T) or false (F).
Additional expenses made after buying an article are included in the cost price and are known as Value Added Tax.
State whether the statement is true (T) or false (F).
Additional expenses made after buying an article are included in the cost price and are known as Value Added Tax.
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Solution
The correct option is B False
Additional expenses made after buying an article are included in the cost price and are known as Value Added Tax. – False
The selling price known as MRP includes the tax known as VAT (Value Added Tax).
Additional expenses made after buying an article are included in the cost price and are known as Value Added Tax. – False
The selling price known as MRP includes the tax known as VAT (Value Added Tax).
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