Question

A shopkeeper buys an article at the printed price of ₹ 40000 from a wholesaler in Delhi. The
shopkeeper sells the article to a consumer at a profit of 25 % on the basic cost price. If the rate of GST
is 18 %, find:
(i) the price of the article inclusive of tax (under GST) at which the shopkeeper bought it.
(ii) the amount of tax (under GST) paid by the shopkeeper to Government.
(iii) the amount of tax (under GST) received by Delhi Government.
(iv) the amount of tax (under GST) received by Central Government.
(please show all the steps)

Answer 1

Answer:

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