Question

a calculator manufacturer's manufacturing cost of ₹900. GST is 18%. He manufactured 120 such calculators. He marked up each by 50% and sold to a dealer at discount of 10%. Find the final price dealer paid for the calculators. Also find the total GST received by State Government.
And yes answers given are ₹1,49,104.80 and ₹11372.40
If you know please help!!!!!!​

Answer 1

Step-by-step explanation:

Manufacturing cost of 1 calculator = Rs 900

18 % GST = (18/100)* 900 = Rs 162

Cost including GST = 900 + 162 = Rs 1062

Marked Price = 1062 + (50/100)1062 = Rs 1593

Discount offered = (10/100)* 1593 = 159.3

Selling Price = 1593 - 159.3 = Rs 1433.7

Price without GST = 1433.7/1.18 = Rs 1215

GST Paid for once calculator = 1433.7 - 1215 = 218.7 Rs

Price paid by dealer for 120 calculators = 120 * 1433.7 = Rs 172044

GST paid for 120 calculators = 218.7 * 120 = Rs 26244

GST received by state government = 26244/2 = Rs 13122

PSP♡ANU