9. The marked price of an article is * 6.000. A wholesaler sells it to a dealer at 20% discount. The
dealer further sells the article to a customer at a discount of 10% on the marked price. If the rate of
GST at each stage is 18%, find the amount of tax (under GST) paid by the dealer to the government.
Answers
We have,
Initial marked price by manufacturer A is Rs. 6000
Then, B bought the T.V. at a discount of 20%.
Now, Cost price of B = 80% of 6000
= Rs. 4800
And, GST paid by B for purchase
= 18% of 4800
= Rs. 864
Again, B sells T.V. at discount of 10% of market Price
So, the Selling price for B
= 6000 – 10% of 6000
= Rs. 5400
And, GST charged by B on selling of T.V.
= 18% of 5400
= Rs. 972
Thus, GST paid by B to the government
= GST charged on selling price – GST paid against purchase price
= 972 – 864
= Rs. 108 .
Initial marked price by manufacturer A is Rs. 6000
B bought the T.V. at a discount of 20%.
Now, Cost price of B = 80% of 6000 = Rs. 4800
And, GST paid by B for purchase = 18% of 4800 = Rs. 864
Again, B sells T.V. at discount of 10% of market Price
So, the Selling price for B = 6000 – 10% of 6000 = Rs. 5400
And, GST charged by B on selling of T.V. = 18% of 5400
= Rs. 972
Thus, GST paid by B to the government
= GST charged on selling price – GST paid against purchase price
= 972 – 864
= Rs. 108.
hopefully its helped uhh dear :)