3-BAMA1101-SEC4-SEM2-BUSINESS MATHEMATICS-CHAPTER 3 4 A wholesaler charged the retailer at a prescribed rate of 8% and the listed price of the item is RO 220. If the wholesaler has to pay a VAT of RO 12 to the government, what is the amount of VAT paid by the retailer? Out of O a. 17.6 O b. 29.6 O c.5.6 O d. 18.56 Es page Next pc