Question

3. The list price of a hand bag is 3000. A
distributor from Kolkata sells it to a trader
in Mumbai at 20% discount on the list price,
The trader sells it to a customer in Mumbai
at the list price. The GST charged is 12%, find
(1) the GST deposited by the trader with
the Central Government.
(ii) the price paid by the trader to the
distributor inclusive of tax.​

Answer 1

Answer:

list price:3000

trader purchased: 2400

trader gst on list price: 600

trader sell: 3600

1).gst paid to c govt: 600

2).paid by the trader to

distributer incl tax: 480