Question
In economic terms, what does VAT stand
for?Solution
VAT stands for Value Added Tax. It is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale. Ultimately, the consumer bears the cost of VAT, while businesses collect and remit it to the government.
A boat takes 7 hours to cover 259 km upstream and 9 hours to cover 477 km downstream. Find the time taken by the boat to cover 602 km upstream and 605 k...
A boat travels downstream and then returns upstream but only up to 60% of the downstream distance. The total journey takes 18 hours. The downstream spee...
Speed of a boat in still water to speed of boat in upstream is 12: 11. If the boat can travel 260 km in downstream in 4 hours, then find the time taken ...
A man can swim at the rate of 8 km/hr in still water. If the speed of the water is 3 km/hr, then the time taken by him to swim 15 km upstream is
- A boat covers a distance of 270 km downstream in 6 hours. If the boat's speed in upstream direction is one-third of its downstream speed, calculate the tim...
A man can go on a motor boat with a speed of 15 km/hour in still water, he goes to a certain distance upstream and come back to the starting point in a ...
A man rows upstream 10 km and downstream 15 km taking 5 hours each. Find the speed of current.
...A man can go on a motorboat with a speed of 18 km/hour in still water to a certain upstream point and return to the starting point in a river that flows...
Speed of a boat in still water to speed of boat in upstream is 13:10. If the boat can travel 320 km in downstream in 5 hours, then find the time taken b...
The cost price of an item is 60% less than its marked price, which is 50% more than its selling price. What is the profit percent...