#### The selling price of the fan by the retailer (excluding tax) is

(a) ₹ 1200

(b) ₹ 1380

(c) ₹ 1490.40

(d) ₹ 11296

**Solution:**

(b) ₹ 1380

Explanation:

Cost price of a fan = ₹ 1200

Profit = 15%

#### VAT paid by the wholesaler is

(a) ₹ 96

(b) ₹ 14.40

(c) ₹ 110.40

(d) ₹ 180

**Solution:**

(a) ₹ 96

Explanation:

Rate of VAT =8%

.’. VAT paid by wholesaler = ₹ 1200 x

= ₹ 96 (a)