A retailer purchases a fan for 1500 from a wholesaler and sells it to a consumer at 10%
profit. If the sales are intra-state and the rate of GST is 12%, then choose the correct answer
from the given four options for questions 1 to 6:
1. The selling price of the fan by the retailer (excluding tax) is
(a) 1500
(b) * 1650
(c) 1848
(d) 1800
2. The selling price of the fan including tax (under GST) by the retailer is
(a) 1650
(b) 1800
(c) 1848
(d) 1830
3. The tax (under GST) paid by the wholesaler to the Central Government is
(a) 90
(6) 9
(c) 99
(d) 180
4. The tax (under GST) paid by the retailer to the State Government is
(a) 99
(b) 9
(c) *18
(d) 198
Answers
Answered by
4
Answer:
1.
1650
2.
1848
3.
90
4.
198
Similar questions
Business Studies,
5 months ago
Computer Science,
5 months ago
Hindi,
10 months ago
Physics,
10 months ago
Physics,
1 year ago
Computer Science,
1 year ago