Math, asked by gautam74, 1 year ago

the cost of a computer set is Rs 24000 to a dealer and pays 4% tax . he sells it to a customer for Rs 42500 and charges 10% tax. find the VAT paid by the customer.

Answers

Answered by srijan041
2
VAT paid by customer is the tax charged on the selling price, i.e. 10% of ₹42500 which is ₹4250.
If it's asked, the VAT paid by dealer, then it's a different story.

gautam74: and tax paid by the dealer.
srijan041: The question is wrong for that. The tax paid by dealer would be in negative, which is not possible.
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