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Ali purchase a motorcycle in Rs. 52900. He paid the 5% tax on it. Ali sold that motorcycle in Rs. 53500 and he charged tax 7% on it. Find the value added tax on it?

✔ Correct Answer: A. Rs. 1100

The correct answer to the question “Ali purchase a motorcycle in Rs. 52900. He paid the 5% tax on it. Ali sold that motorcycle in Rs. 53500 and he charged tax 7% on it. Find the value added tax on it?” is Rs. 1100. This question belongs to Mathematics. Practice the related questions below to master this topic for your FPSC, PPSC and NTS tests.

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