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A shopkeeper buys an article for Rs. 8,000 and sells it for Rs. 10,000. If the rate of tax under VAT is 10%, find :

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A shopkeeper buys an article for Rs. 8,000 and sells it for Rs. 10,000. If the rate of tax under VAT is 10%, find : 

(i) tax paid by the shopkeeper 

(ii) tax charged by the shopkeeper 

(iii) VAT paid by the shopkeeper

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(iii) VAT paid by the shopkeeper = Rs.1000 – Rs. 800 = Rs. 200

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