Question

hey guys
help me with 9 the one......

Answer 1

hola!

→ For distributer:-

C.P. of article = 6000; VAT = 8%

Tax paid = 8% of 6000 = 8/100 × 6000 = rs. 480

S.P. of article = 7500

Tax charged = 8% of 7500 = 8/100 × 7500 = rs. 600

Thus,
VAT paid by distributor = rs. 600 - rs. 480 = rs. 120

→ For trader:-

C.P. of article = 7500

Tax paid = 8% of 7500 = 8/100 × 7500 = rs. 600

S.P. of article = 8000

Tax charged = 8% of 8000 = 8/100 × 8000 = rs. 640

Thus,
VAT paid by distributor = rs. 640 - rs. 600 = rs. 40.

Hence, The required answer is:-

VAT paid by distributor = rs. 120 n' VAT paid by trader = rs. 40

hope it helps! :)