: A shopkeeper buts certain quantity of cashew nuts for ₹7200 and sells it to a consumer at a profit of 25%. If the rate of GST is 5%, find the net GST paid by the shopkeeper to the government.
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Pls Mrak as brainlest if it helps.
So, Here we will use the C.P formula; Let sp be a.
C.P = S.P * 100/ ( 100 + P%)
7200 = a * 100 / 125
a = 7200 * 5/ 4
a = 9000
Now, Rate of G.S.T = 5% , So 5 % of S.P is the G.S.T he would pay.
5/100 * 9000 = 450
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