Example 11. A shopkeeper in Rajasthan buys an article at the printed price of 40000
from a wholesaler in Delhi. The shopkeeper sells the article to a consumer in Rajasthan
at a profit of 25% on the basic cost price. If the rate of GST is 18%, find
(i) the price of the article inclusive of tax (under GST) at which the
the shopkeeper
bought it.
(ii) the amount of tax (under GST) paid by the shopkeeper to Government.
(iii) the amount of tax (under GST) received by Delhi Government.
(iv) the amount of tax (under GST) received by Central Government.
(v) the amount which the consumer pays for the article.
Answers
Answered by
4
Answer:
(i) 32800 (40K - 7.2K)
(ii) 7200
idk delhi central govt rates but from solution you could answer that
(v) 57200
Step-by-step explanation:
bought at= 40000
profit= 25%
selling price = 18% of 40000 + 125% of 40000
= 7200 + 50000
= 57200
Answered by
1
Step-by-step explanation:
This is the correct answer .
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