a businessman collected GST rupees 5000 to a consumer giving him 5% discount . what is the taxable value of the mixer
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Answer:
Collected GST with 5% discount=5000 rupees
Then taxable value of mixer =5000+(5/100×5000)rupees
Step-by-step explanation:
Total taxable amount=5000rupees +5% of 5000 rupees =(5000+250)rupees=5,250rupees.
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