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ICSE Class 10 Answered

How to solve sums based on value added tax easily??
Asked by jayaraja2399 | 24 Jan, 2018, 01:43: PM
answered-by-expert Expert Answer
to solve it easily try to break transactions into different stages
for example
if A sells to B, B sells to C, C sells to D
then 
find vat  in the respective block of transaction
ie VAT in A to B 
VAT in B to C
VAT in C to D etc
solve them independently and add the VAT in end.
Answered by Arun | 24 Jan, 2018, 07:06: PM

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