Question

A manufacturer sells a TV set for 20,000 to a wholesaler, who sells it to a retailer at a profit of 10%. The retailer sells it to a customer at 15% profit. If the rate of GST at each stage is 28%, find the
i. GST paid by the wholesaler to the government.
ii. price paid by the retailer.
iii. total GST received by the government.
iv. price paid by the customer.​

Answer 1

Answer:

Step-by-step explanation:

1. Output tax- Input tax

6440 - 5060

1380

2. CP + GST

22000 + 5060

27060

3.