Name a retailing business unit that sells a wide variety of consumer goods under one roof?
Small bazar
Showroom
Super market
Trade market
Super market is a large retailing business with a wide variety of consumer goods under one roof.
What kind of retail business acts as a universal supplier of a wide variety of product?
A businessman dealing with a larger variety of goods under one roof has a___
A manufacturing company M sells a computer to a distributor D for Rs 22000. The distributor D sells it to a retailer R for Rs 24750 and the retailer sells it to a consumer for Rs 26,000. If the rate of sales tax (under VAT) is 10%, find:
i) the amount of VAT collected by the government on the sale of computer
ii) the amount that the consumer pays for the machine.