A manufacturer sells an article to a dealer for `18000 and the dealer sells it to a consumer at a profit if ` 1500. If the sales are intrastate and the rate of G.S.T. is 12%. Find : i) the amount of GST paid by the dealer to the state government ii) the amount that the consumer pays for the article
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Answer:
easyyy
Step-by-step explanation:
so dealer purchased at 18000 which include 12%gst....so orignal prize of article from manufactrurer is 18000*100/112.5=16071.42
so GST is 1928.58.
now he sells that 18000 article at 1500 profit with gst including
so 19500*112/100=21840
hope it helps
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