Question

The VAT (Value Added Tax) paid by the shopkeeper

• A. Rs. 14.15
• B. Rs. 19.20
• C. Rs. 24.25
• D. Rs. 29.16

Answer 1

The correct option is B Rs. 19.20

Printed price =Rs.1600

Discount=20%

CP of the camera to the shopkepper$=80\%of1600$

$\Rightarrow \frac{80}{100}\times 1600=Rs.1280$

Sales tax paid by the shopkepper$=6\%of1280$

$\Rightarrow \frac{6}{100}\times 1280=Rs.76.80$

C.P of the camera to the buyer=Rs.1600

Sales tax paid by the buyer$=\frac{6}{100}\times 1600=Rs.96$

VAT paid by the shopkepper$=96-76.80=Rs.19.20$