Question

Manique maquillage's manufacturer sold a gift set of cosmetics box to a wholesaler at a profit of Rs.1000 whose manufacturing cost is Rs.15000.The wholesaler sold it to a retailer at a profit of Rs.1000. If the retailer sold it to the customer at a profit of Rs.1500.
Find:
1) The total GST collected by the state government at the rate of 28%.
2) The amount paid for the cosmetics box by the consumer.​

Answer 1

S.P of manufacturer = 16000

GST = 4480

C.P of wholesaler = 20480

S.P of wholesaler = 21480

GST = 6014.4

C.P of retailer = 27494.4

S.P of retailer = 28994.4

GST = 7698.432

1) Total GST = 18192.832

2) Amount paid by consumer = 36692.832