Question

A manufacturer sells a dish washer to a wholesaler for * 18000. The wholesaler sells it to a
dealer at a profit of 1500 and the dealer sells it to a consumer at a profit of * 2500. If the
rate of GST is 12% and assuming that all transactions occur within the same state, calculate
(i) the total amount of GST received by the central and the state governments on the sale
of this dish washer from the manufacturer to the consumer.
(ii) the amount paid by the consumer for the dish washer.​

Answer 1

Answer:

988

Step-by-step explanation:

A shopkeeper buys an article at a discount of 25% from the wholesaler.The printed price of the article is Rs.5000 and the rate of sales tax is 10% . The shopkeeper sells it to the customer

at a discount of 5% of the printed price and charges the sales tax at the same rate.Find :

1) the amount paid by the customer.

2) the VAT paid by the shopkeeper

Answer 2

(i) The total GST received by central and state Government on the sale is Rs 4980

(ii) The Amount paid by consume for the dish washer is Rs 22000  

Step-by-step explanation:

Given as :

A manufacturer sells a dish washer to a wholesaler for Rs 18000

The wholesaler sells it to a  dealer at a profit of Rs 1500

The dealer sells it to a consumer at a profit of Rs 2500

The rate of GST = 12%

According to question

(i) Let The total GST received by central and state Government on the sale from manufacture to consumer = Rs x

A/Q

The amount paid by dealer for dish = Rs 18000 + Rs 1500 = Rs 19500

As GST = 12%

So, Central GST amount = 12% of Rs 19500

i.e  Central GST amount = $\dfrac{12}{100}$ × Rs 19500 = Rs 2340

Again

The amount paid by consumer for dish = Rs 19500 + Rs 2500 = Rs 22000

As GST = 12%

So, State GST amount = 12% of Rs 22000

i.e  State GST amount = $\dfrac{12}{100}$ × Rs 22000 = Rs 2640

∴ Total GST amount including central and state =  Rs 2340 +  Rs 2640

i.e  x = Rs 4980

So, The total GST received by central and state Government on the sale = Rs 4980

(ii) The Amount paid by consume for the dish washer = Rs 22000

Hence, (i) The total GST received by central and state Government on the sale is Rs 4980

(ii) The Amount paid by consume for the dish washer is Rs 22000  Answer