An importer purchased a Television of Rs 113,000. VAT paid was included on its purchase. The item passes through two middlemen wholesaler and retailer before reaching to final customer. Additional…

An importer purchased a Television of Rs 113,000. VAT paid was included on its purchase. The item passes through two middlemen wholesaler and retailer before reaching to final customer. Additional cost incurred by each businessman Rs. 5,000. Profit charged on each stage of distribution @ 15% on their costs. Required: a. Cost price to consumer b. Total VAT payable to government. [2+3]