Question

manufacturer lake and articles for rupees 5,000 he sells it to the wholesaler at the discount of 25% on the market price and the wholesaler sells it to the retailer as it is a discount of 15% on the market price the retailer sells it to a consumer and for market price and at each stage of vat is 8% calculate the amount of vat received by the government from first the wholesaler second the retailer

Answer 1

I'm not sure that it is the correct answer but this will help you