Posted by **Anonymous** on Wednesday, January 30, 2013 at 12:46pm.

A manufacturer lists the price of the goods at Rs.240 per article. The wholesaler gets a discount of 25% on the goods from the manufacturer.

The retailers are allowed a discount of 15% on the list price by the wholesaler. The prescribe rate of sale tax at all stages is 8%. A customer buys an article from the retailer at the listed price.

Find the VAT paid by the retailer & wholesaler

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