Question

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%​

Answer 1

Answer:

If a retailer purchases a fan for Rs. 1500 from a wholesaler and sells it to a

consumer at 10% profit. and the rate of GST is 12% then, including tax (under GST) the selling price would be Rs. (1500x110)/ 100 = 1650

If the sales are intra-state and the rate of GST is 12%

The Selling price would be Rs. (1650x112)/ 100= 1848

Step-by-step explanation:

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