A dealer buys an article from a manufacturer for RS 36000 and marks its up by 20% The dealer then gives a discount of 10% on the marked up price and a further additional discount of 5% to the shopkeeper. The shopkeeper gives a discount of 5% on the marked up price.
The Intrastate GST is 10%
Please someone help me it's really Urgent.
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Answer:
A dealer buys an article from manufacturer for ₹36000
Marks up by 20%
m.p=36000+20/100*36000
=36000+720=36720
discount on marks price
=36720-10/100*36720
=33048
additional discount to the shopkeeper
33048+5/100*33048
=
=33048.0+1652.4
334700.4
discount on marks price
36720-5/100*36720
=36720-1836=34084
intrastate GST
34084-10/100*34084
34084.0-3408.4=3675.6
marks price
=334700.4-3675.6=3124.8
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