A trader buy goods rupees 9000 he sells them to a customer at a profit of 20% find the selling price
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Answered by
3
Answer:
Let A sells to dealer B at Rs. x lower
price.
According to the question,
Net Tax paid by dealer B is → Out put tax - Input Tax = Rs. 324
⇒18% of 9000 - 18% of (9000-x) = 324
⇒1620-1620 + 18% of x = 324
⇒ 18% of x = 324
⇒ x = 1800
Hence, selling price of B = 9000 - 1800
= Rs. 7200
The amount (inclusive of GST) paid by dealer B
= 7200 + 18% of 7200
= 7200 + 1296
= Rs. 8496
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Answer:
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