Question

OK Google A shopkeeper in Delhi Bazar article at the printed price of Rs 24,000 for men wholesaler in Mumbai the shopkeeper sells an article for consumer in Tally at a profit of 15% on the basic cost price if the rate of GST is 12% find the file is inclusive of Tax under GST at which the whole sale of both the article​

Answer 1

the shopkeeper earned

=(24000÷100)×15=3600

the rate of gst is 12%.

so amount of tax received by the state government =(3600÷100)×12=432

the answer is Rs.432

Answer 2

Given :

Marked price = Rs. 24000

Rate of profit = 15%

Rate of tax = 12%

To find:

Amount inclusive of tax = ?

Solution:

Amount of profit would be :

$\dfrac{15}{100}\times 24000\\\\=15\times 240\\\\=3600$

Amount of tax on profit would be :

$3600\times \dfrac{12}{100}\\\\=36\times 12\\\\=Rs.\ 432$

Hence, the required amount would be Rs. 432.