The cost price of the shopkeeper for an article is Rs 200 and he sold it to the consumer for Rs 400 ,find the tax paid by the shopkeeper to the State government if GST is 12% .
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Step-by-step explanation:
cost price = 200rs
selling price = 400rs
if gst = 12%
200× 112÷ 100
224 rs gst
it means cost price = 200+ 224 rs
424 rs cost prices
loss = cost price - selling price
= 424 - 400
loss = 24 rs
Answered by
0
Step-by-step explanation:
cost price = 200rs
selling price = 400rs
if gst = 12%
200× 112÷ 100
224 rs gst
it means cost price = 200+ 224 rs
424 rs cost prices
loss = cost price - selling price
= 424 - 400
loss = 24 rs
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