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The list price of an article is 6,000. A shopkeeper sells the article to a consumer at the list price and charges sales tax at 8%.

By Arianna

The list price of an article is 6,000. A shopkeeper sells the article to a consumer at the list price and charges sales tax at 8%. If the shopkeeper pays a VAT of 2 64 to the state government, at what price, inclusive of sales tas, did the shopkeeper buy the article from the wholesaler ?

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Arianna

I had some money in my pocket I give one fourth to my friend I spend one fourth of the Starting amount and lost rupees 50 I am lef

A. Write algorithms for the
• To input three sides of a triangle and print if it is scalene, isosceles or equilateral.​

2 thoughts on “The list price of an article is 6,000. A shopkeeper sells the article to a consumer at the list price and charges sales tax at 8%.”

  1. Answer:

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  2. Answer:

    Shopkeeper sell the article at list price=Rs.3000

    Rate of sales tax=12%

    VAT paid by the shopkeeper=Rs.72

    Tax earned by the shopkeeper=12% of 3000=

    100

    12

    ×3000=Rs.360

    VAT=tax earned by the shopkeeper-Tax paid by the shopkeeper

    ∴Tax paid by the shopkeeper=Tax earned by the shopkeeper-VAT

    ⇒360−72=Rs.288

    Let the shopkeeper by the article at Rs.x

    ∴12% of x=288

    ⇒

    100

    12x

    =288

    ⇒x=

    12

    288×100

    =Rs.2400

    Price of the article inclusive tax=2400+288=Rs.268

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