In a bag, there are a certain number of toy-blocks with alphabets A, B, C and...

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In a bag, there are a certain number of toy-blocks with alphabets A, B, C and D written on them. The ratio of blocks A:B:C:D is in the ratio 4:7:3:1. If the number of *A' blocks is 50 more than the number of 'C' blocks, what is the number of 'B' blocks? The list price of an equipment is OMR 25,000. The chain discount is 14/7/3. Calculate the Net price using the table format. Marks) An invoice of OMR 15000 with the terms 6/10, 3/15, n/30 is dated on June 15. The goods are received on June 23. The bill is paid on July 5. Calculate the amount of discount paid. a) Ordinary b) EOM c) ROG A retailer buys an article from the wholesaler at OMR 80 and the wholesaler charges a sales tax at the prescribed rate of 8%. The retailer fixes the price at OMR 100 and charges sales tax at the same rate. Apply VAT system of sales tax calculation to answer the following. a) What is the price that a consumer has to pay to buy the article? b) Find the input tax and output tax for the retailer. c) How much VAT does the retailer pay to the government? In a bag, there are a certain number of toy-blocks with alphabets A, B, C and D written on them. The ratio of blocks A:B:C:D is in the ratio 4:7:3:1. If the number of *A' blocks is 50 more than the number of 'C' blocks, what is the number of 'B' blocks? The list price of an equipment is OMR 25,000. The chain discount is 14/7/3. Calculate the Net price using the table format. Marks) An invoice of OMR 15000 with the terms 6/10, 3/15, n/30 is dated on June 15. The goods are received on June 23. The bill is paid on July 5. Calculate the amount of discount paid. a) Ordinary b) EOM c) ROG A retailer buys an article from the wholesaler at OMR 80 and the wholesaler charges a sales tax at the prescribed rate of 8%. The retailer fixes the price at OMR 100 and charges sales tax at the same rate. Apply VAT system of sales tax calculation to answer the following. a) What is the price that a consumer has to pay to buy the article? b) Find the input tax and output tax for the retailer. c) How much VAT does the retailer pay to the government?

Answer rating: 100% (QA)

SOLUTION Given the ratio of blocks ABCD is in the ratio 4731 then Let t... View the full answer