CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

The cost of an article is Rs 6000 to a distributor. If he sells it to a trader for Rs 7500. The trader sells it to a customer for Rs 8000. If the VAT rate is 12.5%; find the VAT paid by the:

i)          distributor                   ii)         trader


  1. Rs 287.50, Rs 62.50

  2. Rs 187.50, Rs 50.50

  3. Rs 287.50, Rs 50.50

  4. Rs 187.50, Rs 62.50


Solution

The correct option is D

Rs 187.50, Rs 62.50


flag
 Suggest corrections
thumbs-up
 
0 Upvotes


Similar questions
View More



footer-image