Question

12. A manufacturer marks an article for 10,000.
He sells it to a wholesaler at 40% discount. The
wholesaler sells this article to a retailer at 20%
discount on the marked price of the article. If
retailer sells the article to a customer at 10%
discount and the rate of sales-tax is 12% at each
stage, find the amount of VAT paid by the:
(i) wholesaler
(ii) retailermanufacturer marks in article for 10000 he sells it to a wholesaler at 40% discount the wholesaler sells the article to retailer at 20% discount on the Marked price of the article is the retailer sells the article to a customer at 10% discount and the rate of sales tax is 12% at each stage find the amount VAT paid by the wholesaler retailer ​

Answer 1

Answer:

Step-by-step explanation:

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