A manufacturer supplies some blankets worth Rs. 40000 to a dealer at a profit of 15%. The dealer sells these to a shopkeeper at a profit of Rs. 12000. If the rate of GST is 12%, calculate:
(i) the input GST of the dealer
(ii) the GST paid by the dealer to the government
(iii) the price paid by the shopkeeper inclusive of GST
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Answer:
no (I) 49 (ii) 120 ( iii 12
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