Question

A retailer buys a T.V from a manufacturer for Rs. 25000. He marks the price of the T.V 20% above the cost price

and sells it at a discount of 10% of the marked price. If the sales are intra – state and rate of GST is 12%, find :

(i) Purchaser’s cost price of T.V inclusive of GST.

(ii) GST paid by the purchaser to the Central and State Government .​

Answer 1

FINAL ANSWER:-

(i) Rs 27000

(ii) 3240

GIVEN:-

P = Rs. 25000

GST = 12%

discount = 10%

TO FIND:-

(i) Purchaser’s cost price of T.V inclusive of GST.

(ii) GST paid by the purchaser to the Central and State Government .​

FORMULA USED: -

formula of 20 % more

i.e. $\frac{20}{100}*P$

SOLUTION:

Price of product = $\frac{20}{100}*25000$

= 5000

= 25000 + 5000

= 30000

cost after 10% discount = $\frac{10}{100}*30000$

                                       =3000

                                       =30000 - 3000

                                       =27000

GST paid by the shopkeeper = $\frac{12}{100}*27000$

                                                 =3240

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Answer 2

Answer:

this is your answer

Step-by-step explanation:

hope it helps