Question

A wholesaler bought an article for 17,632 Including
2 succesive discounts of 20% and 5% and
GST of 16%.He sold it to a Retailer at 18%.
discount. The retailer sold it to a customer at
10% discount calculate
(i) M.P. of the article.
(ii)GST paid by wholesaler
(iii)Amount paid by retailer
(iv)Total SGST collected.​

Answer 1

Answer:

M.P. = Rs.800

Step-by-step explanation:

C.P. of the buyer = 75% of 85% of Rs.800

=

100

75

×

100

85

×Rs.800=Rs.510

Profit = 20%

∴ S.P. of the buyer =Rs.(

100

510×120

)=Rs.612

Discount = 10%

∴ List price of the buyer =Rs.(

90

612×100

)=Rs.680