Dealer A the list price of an article is 27000 which he sells to dealer B at some lower price for the dealer B sells the same article to a customer at its list price if the rate of GST is 8% and dealer be paid Tax under GST equal to 1944 to the government find the amount paid by dealer B
Answers
Answered by
175
the amount paid by dealer B with GST is 26,244
Step-by-step explanation:
MRP = 27000
GST % = 8%
GST paid = 1944
Let dealer A sell to dealer B at Rs. x lower price.
Then from the question,
Net Tax paid by dealer B is
⇒ Output tax – Input Tax = Rs.1944
⇒ 8% of 27000– 8% of (27000 – x) = 1944
⇒ 2160 - 2160 + 8% of x = 1944
⇒ x = 24300
therefore, the amount paid by dealer B = 24300 + 1944 = Rs. 26,244
HOPE IT HELPS
Answered by
13
Answer:
26,244
Step-by-step explanation:
MRP = 27000
GST % = 8%
GST paid = 1944
lower price= x
⇒ 8% of 27000– 8% of (27000 – x) = 1944
⇒ 2160 - 2160 + 8% of x = 1944
⇒ x = 24300
therefore, the amount paid by dealer B = 24300 + 1944 = Rs. 26,244
i hope it helps u...
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