Question

13. A calculator manufacturer's manufacturing cost of a
calculator is 900. GST is 18%. He manufactured 120
such calculators. He marked up each by 50% and sold
to a dealer at a discount of 10%. Find the final price
dealer paid for the calculators. Also find the total GST
received by the State Government.
​

Answer 1

Answer:

Rs 172044

Rs 13122

Step-by-step explanation:

Manufacturing cost of 1 calculator = Rs 900

18 % GST = (18/100)* 900 =  Rs 162

Cost including GST = 900 + 162 = Rs 1062

Marked Price = 1062 + (50/100)1062 =  Rs 1593

Discount offered = (10/100)* 1593 = 159.3

Selling Price = 1593 - 159.3 = Rs 1433.7

Price without GST = 1433.7/1.18 =  Rs 1215

GST Paid for once calculator = 1433.7 - 1215 = 218.7 Rs

Price paid by dealer for 120 calculators = 120 * 1433.7 = Rs 172044

GST paid for 120 calculators = 218.7 *  120 =  Rs 26244

GST received by state government = 26244/2 = Rs 13122