# maths- commercial mathematics(value added tax)

posted by
**anoynomous** on
.

A shopkeeper sells an article at the listed price of Rs.1500 and the rate of value added tax is 12% at every stage of sale. If the shopkeeper pays a Value added tax of Rs. 36 to the Government, what was the price, inclusive of Tax, at which the shopkeeper purchased the article from the wholesaler?