Question

Mohan buys a washing machine from a wholesaler for rupees 30000. He marks the price of the washing machine 10% above the cost price and sells it to Sohan at a discount of 5% on the marked price. If the sale is Inter State and the rate of GST is 12%. Find:. i) the marked price of the washing machine. ii) the amount which Sohan pays to Mohan for the washing machine. iii). the amount of tax paid by Mohan to the central Government. iv). the amount of tax received by the state government



Give answer ​

Answer 1

Answer:

He marks the price of the washing machine 10% above the cost price and sells it to Sohan at a discount of 5% on the marked price. If the sale is Inter State and the rate of GST is 12%. Find:. i) the marked price of the washing machine. ii) the amount which Sohan pays to Mohan for the washing machine.