ICSE Class 10 Answered

Q 10 c part

Asked by lovemaan5500 | 26 Feb, 2018, 05:27: PM

Expert Answer

begin mathsize 16px style Cost space of space goods space purchased equals Rs. space 960000 Tax space paid equals Rs. space 62750 6 percent sign space VAT space on space sales space of space taxable space turnover space of space Rs. space 400000 equals 6 percent sign space of space 400000 equals Rs. space 24000 tax space equals 12.5 percent sign space of space 480000 equals Rs. space 60000 Total space VAT equals 24000 plus 60000 equals Rs. space 84000 Total space VAT space minus VAT space paid equals 84000 minus 62750 equals Rs. space 21250 end style

Answered by Sneha shidid | 26 Feb, 2018, 06:23: PM

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