Question

The total money paid by the trader, inculding tax, to buy the article.

• A. Rs. 3,926
• B. Rs. 3,593
• C. Rs. 3,339
• D. Rs. 3,226

Answer 1

Answer: (C)

Marked price =Rs.4500

Rate of sales tax=6%

VAT paid by the retailer=Rs.81

C.P for the customer=Rs.4500

$\therefore$sales tax paid by the customer$=\frac{6}{100}\times 4500=Rs.270$

VAT=sales tax paid by the customer-sales tax paid by the retailer

$\therefore$Sales tax paid by the retailer=tax paid by the customer-VAT

$\Rightarrow 270-81=Rs.189$

C.P for trader$=\frac{4500\times 189}{270}=Rs.3150$

Total amount paid by the trader=3150+6% of 3150

$\Rightarrow 3150+\frac{6}{100}\times 3150$

$\Rightarrow 3150+189=Rs.3339$