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-Repeating the question:-?
Answer 4th question.
Q.4. A shopkeeper buys an article at a discount of 30 % and pays sales tax at the rate of 6 %. The shopkeeper sells the article to a consumer at 10 % discount on the list price and charges sales tax at the same rate. If the list price of the article is Rs. 3000, find
(i) the price inclusive of sales tax paid by the shopkeeper.
(ii) the price paid by the consumer.
(iii) the VAT paid by the shopkeeper.

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Solution

Dear Student,

$L i s t p r i c e o f t h e a r t i c l e = 3000 \sin c e s h o p k e e p e r g o t d i s c o u n t o f 30 % . H e n c e s h o p k e e p e r p a i d 3000 - \frac{30}{100} \times 3000 = 3000 - 900 = 2100 C o n s u m e r g o t 10 % d i s c o u n t o n l i s t p r i c e H e n c e 3000 - 3000 \times \frac{10}{100} = 3000 - 300 = 2700 P r o f i t e a r n e d B y s h o p k e e p e r = 2700 - 2100 = 600 i) s a l e s t a x p a i d b y s h o p k e e p e r = 6 % o f p r o f i t = \frac{6}{100} \times 600 = 36 P r i c e i n c l u s i v e o f s a l e s t a x p a i d b y s h o p k e e p e r = 2100 + 36 = 2136 i i) P r i c e p a i d b y c o n s u m e r = 2700 + s a l e s t a x 6 % o n 2700 = 2700 + \frac{6}{100} \times 2700 = 2700 + 162 = 2862 i i i) V A T p a i d b y s h o p k e e p e r = 6 % o f p r o f i t = \frac{6}{100} \times 600 = 36$

Regards,

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