Q1 of 94 Page 20

The tax added to the value of the product is called ______ Tax.

It is called VAT


VAT means value added tax


Option B is the correct answer.

More from this chapter

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1

If M.P. = Rs. 140, S.P. = Rs. 105, then Discount = _______.

 1

______ = Marked Price – Discount.

 1

If the S.P. of an article is Rs. 240 and the discount given on it is Rs. 28, then the M.P. is _______.

 2

The price marked on a book is Rs. 450. The shopkeeper gives 20% discount on it a in book exhibition. What is the Selling Price?