Question

5. The MRP of an article is 320,000. A dealer buys it at a discount of 25% and sells it at a discount of
8% to a customer in another state. If GST is charged at 18%, find (i) the total amount paid by the
customer and (ii) the net GST paid by the dealer to the government.​

Answer 1

Given :-
the MRP of an article is 20000.
A dealer buys it a discount of 25 % and sells it a discount of 8% to a customer in another state .
GST is charged at 18% .
To Find :-
the total amount paid by the customer .
The net GST paid by the dealer to the government.
Solution :-
→ Initial marked price of article is = Rs.20000
given that, dealer bought the article at a discount of 25%.
So,
→ Cost price of article = 75% of 20000 = (75 * 20000)/100 = Rs.15,000
Now,
→ GST paid by dealer for purchase = 18% of 15000 = (18 * 15000) / 100 = Rs.2700
Now, we have given that, the dealer sells the article at discount of 8% of marked price in another state.
So,
→ Selling price for customer = 92% of 20000 = (92 * 20000)/100 = Rs.18,400 . (Ans.)
Now,
→ GST charged by dealer on selling of T.V. = 18% of 18400 = (18 * 18400) / 100 = Rs.3312 .
Therefore,
→ GST paid by dealer to the government = GST charged on selling price - GST paid against purchase price = 3312 - 2700 = Rs.612 (Ans.)

Answer 2

Answer:

refer the attachment

Step-by-step explanation:

hope u understood