151k views
1 vote
ashoe dealer purchased shoe from ashoe campany that worth birr 8000 find the amount he should pay to the company including vat

User Indragie
by
7.6k points

1 Answer

3 votes

Answer:

Explanation:

A VAT (value-added tax) is a consumption tax that is added to the price of goods and services. The VAT rate is typically a percentage of the price of the goods or services.

In order to find the amount the shoe dealer should pay to the company including VAT, we need to know the VAT rate. If the VAT rate is not specified in the problem, it is impossible to determine the exact amount that the shoe dealer should pay.

However, if we assume that the VAT rate is 15%, then the amount of VAT the dealer should pay is 15/100 * 8000 = 1200 birr.

So the total amount the dealer should pay to the company including VAT is 8000 + 1200 = 9200 birr

It's important to note that this is an estimate and the actual amount could be different if the VAT rate is different.

User Affan
by
7.8k points