Question

15. A shopkeeper in Delhi buys an article at the printed price of 24000 from a wholesaler
in Mumbai. The shopkeeper sells the article to a consumer in Delhi at a profit of 15%
on the basic cost price. If the rate of GST is 12%, find:
(i) the price inclusive of tax (under GST) at which the shopkeeper bought the article.
(ii) the amount which the consumer pays for the article.
(iii) the amount of tax (under GST) received by the State Government of Delhi.
(iv) the amount of tax (under GST) received by the Central Government.​

Answer 1

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