a dealer in kanpur supplies goods worth 5000 to a dealer in meerut .the dealer inmeerut supplies the same goods/services to a dealer in delhi at a profit of 2000 .find the cost of goods/services in delhi as per gst system . the rate of gst is 18$.
Answers
Answer:
Step-by-step explanation:
A dealer in Kanpur supplies goods worth Rs 5000 to a dealer in meerut then meerut dealer supplies to dealer of Delhi at a profit of 2000
So the cost of goods for Delhi dealer will be = 5000+2000
= 7000
Gst rate in Delhi = 18%
Gst cost on goods = 7000×18/100
= 7000×9/50
= 1260
Total cost of goods in Delhi after Gst = 7000 + 1260
= 8260
Answer:
Rs1260
Step-by-step explanation:
A dealer in kanpur supplies goods that worth =Rs5000 to a dealer in meerut
The dealer in meerut supplies the same goods/services to a dealer in delhi with a profit of 2000
So,
first we have to find how much profit did a dealer in meerut got = 5000(real worth) + 2000 (profit) dealer in meerut got, if we add them the answer will be Rs7000
Therefore, a dealer from meerut got profit Rs7000
Now, you have to find the cost price of goods/services in delhi with as per GST system.
The rate of GST = 18$
7000 x 18 by 100 ( cancel the zero, the remaining number will be 70 so multiply with 18)
18 x 70
Rs1260
therefore, the cost price of goods/services in delhi with as per GST system is Rs1260