Question

. An article coste ? 1,000 to the manufacture. If at each level of distribution profit is made at 20% after allowing a rebate of 10%, then find (1) manufacture price, (ii) wholesale price, (iii) retail price, (iv) consumer price, and (o) the percentage of load that is saddled on the consumer by the middlemen Also, determine each of the above prices including the load % on the consumer when no discount is allowed at any level,​

Answer 1

Answer :

VAT=1080−960=Rs.120