ICSE X Maths Value Added Tax
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
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