Question

A dealer purchased a music system from a manufacturing company for rs 25000 and sold it to a customer at a profit of 20%. If rate of gst is 18% calculate amount that the consumer has to pay for music system

Answer 1

The amount that the consumer has to pay Rs. 35400 for music system.

Step-by-step explanation:

Since we have given that

Manufacturing cost = Rs. 25000

Profit% = 20%

So, Cost after profit would be

$25000\times \dfrac{100+20}{100}\\\\=25000\times 1.2\\\\=30000$

Rate of GST = 18%

So, Amount after GST becomes,

$\dfrac{100+18}{100}\times 30000\\\\=\dfrac{118}{100}\times 30000\\\\=1.18\times 30000\\\\=35400$

Hence, the amount that the consumer has to pay Rs. 35400 for music system.

# learn more:

The manufacturing price of a T.V. set is 12000 rs the company sold it to a dealer at 20%profit and dealer sold it to a customer at 12.5 % profit .Find price which the customer has to pay

https://brainly.in/question/2091874

Answer 2

Answer:

Input SGST 2250

Input CGST 2250

Output SGST 2700

Output CGST 2700

profit 5000

tax paid to gov 900

selling price SP 30000

total amount sp+outputGST

35400

Step-by-step explanation:

first of know the difference between input and output GST

Output GST is calculated on Selling price SP

SP× GST%

then divide by 2 to get SGST and CGST

Input GST is calculated on cost price CP

cp × gst%

then divide by 2 to get SGST and CGST

PROFIT calculated on CP

profit= P% of CP

and SP = cp+ profit

tax paid to gov

tax/GST is ALWAYS calculated on PROFIT

remember this point

so

Profit× gst%