1- The manufacturer sold a TV to a wholesaler for Rs-7000- the wholesaler sold it to a trader at a profit of Rs-1000- find- H1- The total VAT collected by the state government at the rate of 5 -2- The amount that the customer pays for the TV-

You visited us 8 times! Enjoying our articles? Unlock Full Access!

Byju's Answer

Standard X

Mathematics

Finding CGST and SGST

1. The manufa...

Question

The manufacturer sold a TV to a wholesaler for Rs.7000. the wholesaler sold it to a trader at a profit of Rs.1000, find:H

The total VAT collected by the state government at the rate of 5%.

The amount that the customer pays for the TV>

Open in App

Solution

Cost price for Wholesaler- Rs. 7000
Cost price for Trader- Rs. 8000
Cost price for Customer- Rs. 9500

VAT- 5% of 9500
= Rs. 475

And the customer pays Rs. 9500 for the TV

Suggest Corrections

Similar questions

Q. A manufacturer sells a washing machine to a wholesaler for

R s . 15, 000

. The wholesaler sells it to a trader at a profit of

R s . 1, 200

and the trader, in turn, sells it to a consumer at a profit of

R s . 1, 800

. If the rate of VAT is

8 %

find :
(i) the amount of VAT received by the State Government from the wholesaler.
(ii) the amount that the consumer pays for the machine.

A manufacturer sells an article to a wholesaler for ₹ 5000 . The wholesaler sells it to a trader at a profit of ₹ 1000 and trader , in turn sells it to a customer at a profit of ₹ 1500. If the rate of VAT is 8 % find :

i) the amount of VAT received by the State Goverment on the sale of this article

ii) the amount that customer pays for the article

A manufacturer sells a washing machine to a wholesaler for Rs 15000. The wholesaler sells it to a trader at a profit of Rs 1200 and the trader in turn sells it to a consumer at a profit of Rs 1800. If the rate of VAT is 8% find the amount of VAT received by the State Government on the sale of this machine from the wholesaler.

A manufacturer sells a washing machine to a wholesaler for Rs. 20000. The wholesaler sells it to a trader at a profit of Rs. 1500 and the trader, in turn, sells it to a consumer at a profit of Rs. 2000. If the rate of VAT is 8%, the VAT received from manufacturer and wholesaler are:

A manufacturer sells a washing machine to a wholesaler for Rs.15,000. The wholesaler sells it to a trader at a profit of Rs.1,200 & the trader in turn sells it to a consumer at a profit of Rs.1,800.

If the VAT rate is 8% find the

Join BYJU'S Learning Program

The manufacturer sold a TV to a wholesaler for Rs.7000. the wholesaler sold it to a trader at a profit of Rs.1000, find:H The total VAT collected by the state government at the rate of 5%. The amount that the customer pays for the TV>

Cost price for Wholesaler- Rs. 7000 Cost price for Trader- Rs. 8000 Cost price for Customer- Rs. 9500 VAT- 5% of 9500 = Rs. 475 And the customer pays Rs. 9500 for the TV

The manufacturer sold a TV to a wholesaler for Rs.7000. the wholesaler sold it to a trader at a profit of Rs.1000, find:H

The total VAT collected by the state government at the rate of 5%.

The amount that the customer pays for the TV>

Cost price for Wholesaler- Rs. 7000
Cost price for Trader- Rs. 8000
Cost price for Customer- Rs. 9500

VAT- 5% of 9500
= Rs. 475

And the customer pays Rs. 9500 for the TV