1. A produces radio sets at a cost of 900 each. The tax rate is 9% and the profit is 100 at each
stage of the selling chain. Find:
(i) the total amount of VAT paid.
(ii) the selling price (S.P.) of the radio set charged by D.
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1. A produces radio sets at a cost of 900 each. The tax rate is 9% and the profit is 100 at each
stage of the selling chain. Find:
(i) the total amount of VAT paid.
(ii) the selling price (S.P.) of the radio set charged by D.
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Answer:
I am sorry but I don'tknow the exact answer
u may refer to this image and ofcource the web
hope it helps