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:

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 ... ii. price paid by the retailer  .

Step-by-step explanation:

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