Question

A dealer buys an article at a discount of 20% from the wholesaler, the marked price being 9000. The dealer sells it to a consumer at a discount of 10% on the marked price. If the sales are intrastate and the rate of GST is 12%,​

Answer 1

Answer:

Given: Market Price =Rs.6,000, Rate of discount =30%

∴ The price of the article which the dealer paid to the wholesaler

=Rs.6,000−10% of 6,000

=Rs.6,000−30% of 6,000

=Rs.6,000−

100

6,000×30

=Rs(6,000−1,800)

=Rs.4,200

Sales tax paid by the dealer to the wholesaler

=6% of 4,200

=

100

6×4,200

=Rs.252

Now for shopkeeper rate of discount =10%

∴ The price of the article which the shopkeeper paid to the dealer

=Rs.6,000−10% of 6,000

=Rs.6,000−Rs

100

6,000×10

=Rs.6,000−Rs.600

=Rs.5,400

The price paid by the shopkeeper including the tax

=Rs.5,400+6% of 5,400

=Rs.5,400+

100

6×5,400

=Rs.5,400+Rs.324

=Rs.5,724.

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