Posted by **Anonymous** on Saturday, February 2, 2013 at 1:27am.

A manufacturer lists the price of the goods at Rs.240

per article. The wholesaler ge6ts 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 reatailer

at the listed price. Find the VAT paid by the retailer & wholesaler.

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