basic price is 196.77
Landing price after vat is 206.61
vat is 9.84
mrp is 250
if the retailer keeps 12 % and the distributor keeps 6% what are their amount?please answer
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I suppose distributor gets 206.61 * 6/100 = 12.39
retailer gets ( 206.61 + 12.39) 12/100 = 26.28 ;
sales tax = 250 - 206.61 - 12.39 - 26.28 = 4.72
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