Question

PLEASE HELP ME OUT!


A shopkeeper sells an article at the listed price of Rs. 1500.The rate of GST on the article is 18% .if the sales are intra-state and the shopkeeper pays a tax of 27% to the central gov., Find the amt. of inclusive of tax which the shopkeeper purchases the article from wholesaler.

Answer 1

GST amount=18/100×1500= ₹270

total GST amount= 1500+270+27=₹1797

Answer 2

Answer:

Answer is Rs.1797 Or Rs.2175

Step-by-step explanation:

• see , i dont think the Tax applied for central govt. is 27% , it should be Rs.27 due to printing mistake , because practically no one can afford a tax of 45% on any article.
• But still i will answer for both conditions ,

Here , CG means central govt.

condition 1 = if the C.G. tax is 27%.

If the Tax for Central govt. is 27% , then=>

The GST paid by shopkeeper will be 18% of 1500 that is ,

$1500 \times \frac{18}{100} = \: rs \: 270$

and , the Tax paid for Central Govt. will be 27% of 1500 , that is

$1500 \times \frac{27}{100} = rs \: 405$

so , the total Tax will be

$270 + 405 = 675 \: rs$

so , the Shopkeeper has paid

$1500 + 675 = 2175 \: rs$

He purchased the article for Rs. 2175

Condition 2 = TAX PAID FOR CENTRAL GOVT. IS 27 Rs.

following the above method similarly and putting the C.G. tax as 27 RS Instead of 27 %

$1500 + 27 = 1527 \: rs$

therefore , net amount of article during purchasing the article will be Rs.1797

$1527 + 270 = 1797 \: rs$