Hi can anyone tell me the answer of this
A shopkeeper buys an article at a discount of 30% from the wholesaler ( the printed price being 2000) and paid tax at the rate of 8%.
The shopkeeper sells the article to the buyer at the printed price and charges tax at the same rate. Find the VAT paid by the shopkeeper
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since the percentage of tax is 8 percent
total price is 2000
the ans is
8/100×2000
Rs 160
total price is 2000
the ans is
8/100×2000
Rs 160
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