Question

for a dealer A the list price of an article is 9000 which he sells to the dealer B at some lower price. If the rate of GST is 18% and dealer B paid the tax under GST equal to 324 to the government find the amount inclusive of GST paid by dealer B

Answer 1

Answer:

Total amount paid by dealer B = 2124 rs.

Explanation:

Let the amount paid by the dealer B without GST = X

GST applicable = 18%.

As GST is paid on the selling price, the GST amount = 18% of X

∴ Total Amount paid by the dealer = X + 18% of X = X + 0.18X

∴ Total Amount paid by the Dealer B = 1.18 X

GST paid by the dealer = 0.18 X

But GSt paid = 324 rs.

∴ 0.18X = 324

∴ X = 324 / 0.18

∴ X = 1800

∴ Total Amount paid by B = 1.18 X = 1.18 * 1800

∴ Total amount paid by dealer B = 2124 rs.

Answer 2

Answer:

Rs. 8496

Explanation:

Ford dealer A:list price is equal to rupees 9000