Question

A manufacturer produces goods for 2,50,000.After adding the profit margin of 10% he sells the goods to other state.Assume the goods produced under the category of GST@18%. Calculate the amount paid by the retailer as invoice value.​

Answer 1

Answer:

manufacturer produces good for 250000

adding 10% profit

250000×10/100=25000price will be 250000+25000=275000

now adding GST 18%

275000×18/100 = 49500

so retailer has to pay amount

275000+49500= 324500

so amount is 324500