Economics > 2015 > 29
WASSCE
Ten bags of wheat bought for $50 by a flour miller were sold for $65. What is the value added Tax payable by the flour miller if the tax rate is 5%
A.
$7.50
B.
$3.25
C.
$2.25
D.
$0.75
Answer: B
To see detailed solution to this question and thousands of other questions offline, download TestDriller SSCE. Practice rigorously for WASSCE, enjoy educational games, get chief examiners' reports, summary of WAEC literature books, compete with your peers, win prizes and more.
09037778195