Question

A dealer in pune buys an article from a wholesaler in pune at a discount of 25% the printed price of the article being ₹20,000 he sells the article to a consumer in Telangana at a discount of 10% on the listed price if the rate of gst is 12% find 1)Thetax paid by the wholesaler to the governments 2)The tax paid by the dealer to the government 3)the amount which the consumer pays for the article

Answer 1

Answer:

( 1 ) The tax paid by wholesales to Government is Rs 2400

( 2 ) The tax paid by dealer to Government is Rs 1800

( 3 )  The amount which consumer pays for article is Rs 20,160

Step-by-step explanation:

Given as ;

The market price of article = m.p = Rs 20,000

The discount % on m.p of article in Pune city = 25%

The selling price of article in Pune city = s.p

Or, discount % = 1 - $\dfrac{s.p}{m.p}$

Or, 25% = 1 - $\dfrac{s.p}{20,000}$

Or, $\dfrac{s.p}{20,000}$ = 1 - 25 %

Or, $\dfrac{s.p}{20,000}$ = $\dfrac{100-25}{100}$

Or, $\dfrac{s.p}{20,000}$ = $\dfrac{75}{100}$

∴ selling price of article at Pune = 20,000 × 0.75 = Rs 15,000

Again

The discount % on article on listed price at Telangana = 10% on listed price

So, The selling price at Telangana = Rs 20,000 -  $\dfrac{10}{100}$ × Rs 20,000

i.e  The selling price of article at Telangana = Rs 18,000

And

The GST % = 12 %

( 1 ) The tax paid by wholesales to Government = 12% of listed price

i.e The tax paid by wholesales to Government = $\dfrac{12}{100}$  × Rs 20,000

∴ The tax paid by wholesales to Government = Rs 2400

( 2 )  The tax paid by dealer to Government = 12 % of discounted price

i.e The tax paid by dealer to Government = $\dfrac{12}{100}$  × Rs 15,000

∴ The tax paid by dealer to Government = Rs 1800

( 3 ) The amount which consumer pays for article = Rs 18,000 + 12% of  Rs 18,000

i.e The amount which consumer pays for article = Rs 18,000 + $\dfrac{12}{100}$  × Rs 18,000

∴  The amount which consumer pays for article = Rs 18,000 + Rs 2160

i.e The amount which consumer pays for article = Rs 20,160

Hence,

( 1 ) The tax paid by wholesales to Government is Rs 2400

( 2 ) The tax paid by dealer to Government is Rs 1800

( 3 )  The amount which consumer pays for article is Rs 20,160 . Answer