Sales tax collected by a shopkeeper from customers is finally paid to
AThe government
BThe customer's bank
CThe manufacturer
DThe wholesaler
Answer & Solution
Correct answer: A. The government
Sales tax is charged by the government and merely collected by the shopkeeper for it.
Keep practising Discount
Browse all Discount questions for SSC CGL, or explore more Quantitative Aptitude topics.
Related questions
Discount equals the marked price minus theWhen a seller and buyer negotiate a price below the original selling price, it isA price cut given when an order is placed in a slack period is called aTrade-in credit is a discount granted forA cumulative quantity discount depends onUnder payment terms 2/10 net 30, what discount applies for payment within 10 days?What is the main purpose of a prompt payment discount?A 22% discount is given on a 3,500 item. The sale price in rupees is