Question

A shopkeeper in Gujarat buys an article at printed price of Rs 60,000 from wholesaler in Rajasthan shopkeeper sells the article to consumer in Gujarat at a profit of 30% on the printed price if the rate of GST is 12% find the price of article inclusive of GST at which shopkeeper watered second the amount of GST paid by the shopkeeper to the government 3rd the amount of GST by Rajasthan government for the amount of GST received by central government

Answer 1

Answer:

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Answer 2

The price of article inclusive of GST = 85200.

To find:

The price of article inclusive of GST at which shopkeeper watered second the amount of GST paid by the shopkeeper to the government 3rd the amount of GST by Rajasthan government for the amount of GST received by central government ?

Given data:

A shopkeeper in Gujarat buys an article at printed price from wholesaler in Rajasthan = Rs 60,000

Shopkeeper sells the article to consumer in Gujarat at a profit = 30%

The rate of GST = 12%

Solution:

A shopkeeper in Gujarat buys an article at printed price from wholesaler in Rajasthan = Rs 60,000

Shopkeeper sells the article to consumer in Gujarat at a profit = 30%

Therefore, = $\frac{60000\times130}{100}$

                  = $\frac{7800000}{100}$

                  = 78000

The rate of GST = 12%

Therefore, = $\frac{60000\times12}{100}$

                 = 600 X 12

                 = 7200    

The amount of GST by Rajasthan government at 6% = 3600

Amount of GST received by central government at 6% = 3600

The price of article inclusive of GST at which shopkeeper watered second the amount of GST paid by the shopkeeper to the government 3rd the amount of GST by Rajasthan government for the amount of GST received by central government = 78000 + 7200 = 85200

To solve more:

1. A survey asked eight people about their wages and educational background. The table shows the hourly wages reported by people with and without a high school diploma. Use the information to complete the statements. The mean absolute deviation for people without a high school diploma is . The mean absolute deviation for people with a high school diploma is . The data for people without a high school diploma are more the mean than the data for people with a high school diploma.

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2. A manufacturer P sells a washing machine to a dealer Q for ₹25000. The dealer Q sells it to a customer R at a profit of ₹2000. If the sales are intra state and the rate of GST is 12% find : (i) the amount which the consumer R pays to the dealer Q (ii) the amount of GST received by the government (iii) the amount of GST paid by manufacturer P (iv) the amount of GST paid by the dealer Q.

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