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in Mathematics by (30.1k points)

The cost of an article is Rs. 6,000 to a distributor, he sells it to a trader for Rs. 7,500 and the trader sells it further to a customer for Rs. 8,000. If the rate of tax under VAT is 8%; find the VAT paid by the: 

(i) distributor 

(ii) trader

1 Answer

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by (55.2k points)
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Best answer

Cost price of an article to a distributor = Rs.6000

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