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In this question, A is the manufacturer, B is the sole distributor, C is the wholesaler dealer and D is the retailer. All live in the same state.

A produces sewing machines at a cost of Rs. 650. The tax rate is 10% & the profit is Rs. 40 at each stage of the selling chain. Find the total amount of VAT.----please solve this with steps

Asked by Latha 3rd October 2017, 7:23 PM
Answered by 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 650 end cell cell Rs. space 690 end cell cell Rs. space 730 end cell cell Rs. space 770 end cell row cell straight S. straight P. end cell cell Rs. space 690 end cell cell Rs. space 730 end cell cell Rs. space 770 end cell cell Rs. space 810 end cell row cell TAx equals 10 percent sign end cell blank blank blank blank row cell Tax space charged end cell cell Rs. space 69 space end cell cell Rs. space 73 end cell cell Rs. space 77 end cell cell Rs. space 81 end cell row VAT cell Rs. space 69 end cell cell Rs. space 4 end cell cell Rs. space 4 end cell cell Rs. space 4 end cell end table

Total space VAT equals Rs. space 69 plus Rs. space 4 plus Rs. space 4 plus Rs. space 4 equals Rs. space 81 end style
Answered by Expert 28th December 2017, 10:15 AM
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