The printed price of the washing machine being ₹ 18000.

A shopkeeper bought a washing machine at a discount of 20% from a wholesaler, the printed price of the washing machine being ₹ 18000. The shopkeeper sells it to a consumer at a discount of 10% on the printed price. If the rate of sales tax is 8%, find:
(i) the VAT paid by the shopkeeper. .
(ii) the total amount that the consumer pays for the washing machine.

Solution:

(i) S.P. of washing machine
= \left( 1-\frac { 10 }{ 100 } \right) x ₹ 18000
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 1 Value Added Tax Chapter Test Q1.1
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 1 Value Added Tax Chapter Test Q1.2

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