Ross purchase an article for ₹ 7000 and sells it to the customer for ₹ 8200. If VAT is $6 %$ , find the VAT paid by Ross.

Rs. 82

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Rs. 72

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Rs. 52

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Rs. 44

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Solution

The correct option is B
Rs. 72

VAT paid by the shopkeeper = 6% of ₹ (8200 - 7000)

= $₹ (\frac{6}{100}) \times 1200 = ₹ 72$

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b)A shopkeeper purchased an item of Rs 100 at 8% VAT and sells it at Rs 120 to the customer and customer also pays 8% VAT to the shopkeeper. How much amount did the shopkeeper deposit to the Government as VAT?

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Q. A shopkeeper purchases an article for Rs 6200 and sells it to customer for Rs 8500. If sales tax is 8% , find the VAT paid by shopkeeper.

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Ross purchase an article for ₹ 7000 and sells it to the customer for ₹ 8200. If VAT is 6%, find the VAT paid by Ross.

The correct option is B Rs. 72 VAT paid by the shopkeeper = 6% of ₹ (8200 - 7000) = ₹(6100)×1200=₹72

Ross purchase an article for ₹ 7000 and sells it to the customer for ₹ 8200. If VAT is $6 %$ , find the VAT paid by Ross.

The correct option is B
Rs. 72

VAT paid by the shopkeeper = 6% of ₹ (8200 - 7000)

= $₹ (\frac{6}{100}) \times 1200 = ₹ 72$