Question

1. A manufacturer printed the price of his
goods as 12000 per article. He allowed a
discount of 30% to the wholesaler who in
his turn allowed a discount of 20% on the
printed price to the retailer. If the prescribed
rate of sales tax on the goods is 10% and
the retailer sells it to the consumer at the
printed price then find the value added tax
paid by the wholesaler and the retailer.
(a) VAT paid by the wholesaler is 150 and
that paid by retailer is 240.
(b) VAT paid by the wholesaler is 120 and
that paid by retailer is 280.
(c) VAT paid by the wholesaler is 120 and
that paid by retailer is 240.
(d) VAT paid by the wholesaler is 196 and
that paid by retailer is 360.


a.no silly answer
b.silly question will be deleted❎❎❎❎❌❌❌❌❌❌

ok ​

Answer 1

Answer:

The organized sector covers those enterprises or places of work where the terms of employment are regular. They are registered by the government and have to follow its rules and regulations. ... The unorganized sector covers small and scattered units which are largely outside the control of the government.

Answer 2

Answer:

The answer is c bro