14. A dealer in Delhi buys an article for 16000 from a wholesaler in Delhi. He sells the
article to a consumer in Rajasthan at a profit of 25%. If the rate of GST is 5%, find:
(i) the tax (under GST) paid by the wholesaler to Governments.
(ii) the tax (under GST) paid by the dealer to the Government.
(iii) the amount which the consumer pay for the article.
Answers
Answered by
6
Answer:
Step-by-step explanation:
Wholesaler----->Dealer
(In delhi)
M.P.=16000
AFTER ADDING GST OF 5% TO IT
GST=5/100*16000
= 800
SGST=CGST=400
16000+800
i)total amt paid by the dealer to wholesaler = 16800
Dealer----->consumer
Profit=25%
=25/100*16800
=4200
16800+4200
iii) total amt paid by the consumer to wholesaler=21000
2nd part i don't know . i think tax liability will be used in there.
Mark brainleast answer
Similar questions