Question

a shopkeeper sells an article at the listed price Rs1500.The rate of GST on the article is 18% lf the sales are intra state and the shopkeeper pays a tax (under gst) of Rs. 27 to the central government, gind the amount of tax at which the shopkeeper purchased the article from the wholesaler​

Answer 1

Answer:

Step-by-step explanation:

GST amount=18/100×1500= ₹270

total GST amount= 1500+270+27=₹1797

Answer 2

Let the profit of the shopkeeper is Rs x.

The value of the article increased by the shopkeeper is Rs x

GST paid by the shopkeeper is Rs.27 at rate of sales tax 18%

∴ 18% of x = 27

⇒ 18\100x = 27

= x= 27×100/18 = Rs 150

∴ Profit of the shopkeeper = Rs. 150

Price of the article at which shopkeeper bought the article fron the wholesaler =1500−150= Rs.1350

Sales tax paid by the shopkepper =18% of 1350

⇒ 18/100 × 1350

= Rs.246

∴ The price at which the shopkeeper purchased the article from the wholesaler=1350+246= Rs.1596

Step-by-step explanation:

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