Question

A retailer purchases a fan for Rs. 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%
The Selling price of the fan including tax (under GST) by the retailer is
a. Rs. 1650 b. Rs. 1800 c. 1848 d. 1830​

Answer 1

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. (1500×110)/ 100 = 1650

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

The Selling price would be Rs. (1650×112)/100= 1848

Answer 2

Answer:

A Retailer purchase a fan for Rs 1500 from a wholesaler and sells it to a consumer at 10% profit .If the sales are intrastate and the rate of GST is 12% then SP of the fan by the retailer excluding tax is