A retailer sells a product at a price of 120 OMR. He purchased the same product from a wholesaler at 95 OMR. The sales tax is 6%. Calculate the VAT paid by the retailer. O a. 3.200 RO O b. 2.700 RO O c. 2.500 RO d. 1.500 RO Activate Windows

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A retailer sells a product at a price of 120 OMR. He purchased the same product
from a wholesaler at 95 OMR. The sales tax is 6%. Calculate the VAT paid by the
retailer.
O a.
3.200 RO
O b. 2.700 RO
O c. 2.500 RO
d.
1.500 RO
Activate Windows
Transcribed Image Text:A retailer sells a product at a price of 120 OMR. He purchased the same product from a wholesaler at 95 OMR. The sales tax is 6%. Calculate the VAT paid by the retailer. O a. 3.200 RO O b. 2.700 RO O c. 2.500 RO d. 1.500 RO Activate Windows
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