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C.3 (1). Al Mardhuf Supermarket (retailer buys an article from Rameez Hypermart (wholesaler) at OMR 5000 and the wholesaler charges a sales tax at the

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C.3 (1). Al Mardhuf Supermarket (retailer buys an article from Rameez Hypermart (wholesaler) at OMR 5000 and the wholesaler charges a sales tax at the rate prescribed rate of 8%. The retailer fixes the price at OMR 7000 and charges sales tax at the same rate to Mr. Mohammed (customer). Apply VAT system of sales tax calculation to answer the following. 0). What is the price that a consumer (Mr. Mohammed) has to pay to buy the article? (0.5 Mark] (D. Find the input tax and output tax for the retailer Al Mardhuf Super market). 11 Mark] (1H1). Find the input tax and output tax for the wholesaler Rameez Hypermarket). 11 Mark) (iv). How much VAT the government received in total? (0.5Mark]

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