Amount paid to purchase an article is called.
Its C.P
Its S.P
Profit
Loss
The price/cost at which an article is purchased is called its cost price .
A purchases an article for Rs. 7,200 and sells it to B for Rs. 9,600. B, in turn, sells the article to C for Rs. 11,000. If the tax (under VAT) is 10%, find the VAT paid by A and B.
A shopkeeper purchases an article for Rs. 12,400 and sells it to a customer for Rs. 17,000. If the tax under VAT is 8%, find the VAT paid by the shopkeeper.
Nita purchased an article marked at ₹ 2000 at a discount of 10 % . If the rate of sales tax is 15 % ; find the net amount paid by Nita for the article
Ross purchase an article for ₹ 7000 and sells it to the customer for ₹ 8200. If VAT is 6%, find the VAT paid by Ross.