list price of a tv is rupees 9000 if a dealer allows a discount of 5% on the cash payment how much money will a customer pay to the dealer is cash if the rate of GST is 10%
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Step-by-step explanation:
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To meet the article expenditures, the government imposes different types of taxes. Value Added Tax (VAT) is one of these. The VAT is calculated on the selling price, if a discount is given. If there is no discount then VAT is calculated on the marked (list) price of the article. In Exercise 13.3 of Chapter 13, we shall discuss problems based on value-added tax (VAT). RD Sharma Solutions which is formulated by our tutors at BYJU’S is the best study material one can use to secure high marks in their examination. Students wishing to build their confidence level can download the pdf given in the links below, and by practising the solutions on a regular basis can achieve good scores in their exams.
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