Question

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1. The MRP of an article is ₹5000. A dealer buys it at a discount of 20%. He sells it to a customer in the same city at a discount of 5% . Find :-

[1] The total amount paid by the customer

[2] The net GST paid by the dealer to the government if GST charged at 12% .


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Answer 1

Answer:

an article is ₹5000. A dealer buys it at a discount of 20%. He sells it to a customer in the same city at a discount of 5% . Find :-

[1] The total amount paid by the customer

[2] The net GST paid by the dealer to the government if GST charged at 12% .

Answer 2

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1. The MRP of an article is ₹5000. A dealer buys it at a discount of 20%. He sells it to a customer in the same city at a discount of 5% . Find :-

[1] The total amount paid by the customer

[2] The net GST paid by the dealer to the government if GST charged at 12% .

$\Huge\mathcal\blue{\underbrace{\overbrace{\mid{\orange{Answer}}\mid}}}$

CP of that article = 5000Rs

20% Discount = 20/ 100 × 5000 = 1000

Money paid by deals = 4000

Now, Money paid by customer = 5/100 × 4000

= 200

= 4000 - 200

= 3800

Now, net paid r/100 × SP - r/100 × CP

= 12/100 × 4750 - 12/100 × 400

= 570 - 480

= 90Rs.

So, cgst = 90/2 = 45Rs.

sgst = 90/2 = 45Rs.