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ICSE Class 10 Answered

The manufacturer A produce a commodity for Rs216 which he sells in the same rate where A has his factory B the distributor,C the wholesaler andD the retailer.
The tax rate is 10%.The profit is rs 20 at each stage of the chain .find the amount of vat and also price charged byD from consumer
Asked by lovemaan5500 | 18 Nov, 2017, 05:19: PM
answered-by-expert Expert Answer
begin mathsize 16px style table row blank Manufacturer Distributor Wholesaler Retailer row blank straight A straight B straight C straight D row cell straight C. straight P. end cell cell Rs. space 216 end cell cell Rs. space 236 end cell cell Rs. space 256 end cell cell Rs. space 276 end cell row cell straight S. straight P. end cell cell Rs. space 236 end cell cell Rs. space 256 end cell cell Rs. space 276 end cell cell Rs. space 296 end cell row cell Tax equals 10 percent sign space left parenthesis Tax space charged right parenthesis end cell cell Rs. space 23.60 end cell cell Rs. space 25.60 end cell cell Rs. space 27.60 end cell cell Rs. space 29.60 end cell row VAT cell Rs. space 23.60 end cell cell Rs. space 2.60 end cell cell Rs. space 2.60 end cell cell Rs. space 2.60 end cell end table
Total space VAT equals Rs. space left parenthesis 23.60 plus 2.60 plus 2.60 plus 2.60 right parenthesis equals Rs. space 31.40


end style
Answered by Rashmi Khot | 01 Dec, 2017, 05:47: PM
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