Manan produces an item for Rs. 216, which he sells to Rohan, Rohan sells to Sohan and Sohan sells it to Mohan. Tax rate is 10%. The profit is Rs.20 at each stage of selling chain. Find the amount of VAT
Please help me! Answer given is Rs.29.60 but I don't know how the answer is coming..please solve with steps...I'll mark the brainliest!
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