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Question

The total money paid by the trader, inculding tax, to buy the article.

A
Rs. 3,226
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B
Rs. 3,339
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C
Rs. 3,593
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D
Rs. 3,926
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Solution

The correct option is C Rs. 3,339
Marked price =Rs.4500
Rate of sales tax=6%
VAT paid by the retailer=Rs.81
C.P for the customer=Rs.4500
sales tax paid by the customer=6100×4500=Rs.270
VAT=sales tax paid by the customer-sales tax paid by the retailer
Sales tax paid by the retailer=tax paid by the customer-VAT
27081=Rs.189
C.P for trader=4500×189270=Rs.3150
Total amount paid by the trader=3150+6% of 3150
3150+6100×3150
3150+189=Rs.3339


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