Question

company sells a product to its wholesaler for 47200 including GST after allowing 20%

discount on the marked price.The wholesaler sells it to a retailer after allowing 10% discount on

the marked price. Find out the GST paid by the wholesaler ,if the rate of GST is 18%.​

Answer 1

Answer:

GST paid by the wholesaler is Rs. 900

Step-by-step explanation:

Let the marked price be x

Discounted price = x - 20% of x

                            = 80x/100

Price paid by wholesaler = 18% of discounted price + discounted price

47200 = (18*80*80*x)/(100*100)

x=50,000

For the wholesaler,

CP= x - 20% of x

    = 40000

SP=x - 10% of x

    = 45000

Profit=5000

GST paid = 18% of 5000

                = 900