Question

The manufacturer sold a TV to a wholesaler at a profit of Rs. 1000, whose manufacturing

cost is Rs 15000. The wholesaler sold it to a trader at a profit of Rs 1000. If the trader sold it

to the customer at a profit of Rs 1500. Find: [4]

(i) Total GST collected by the State Government at the rate of 28%.

(ii) The amount that the customer paid for the TV.​

Answer 1

Step-by-step explanation:

Manufacturing cost of T.V. = Rs. 15000

A manufacturer sold T.V, to a wholesaler at a profit of Rs. 1000.

So, Price for wholesaler = 15000+1000 = 16000

Rate of GST = 28%

So, Amount of GST would be

= 28/100 * 18500

= 0.28 * 18500

= 5180

0

So, amount that the customer paid for TV

is given by

= 18500 + 5180

= Rs. 23,680

A wholesaler sold it to a trader at a profit of Rs. 1000.

So, Price for trader = 16000+1000=17000

A trader sold it to the customer at a profit of Rs. 1500.

so, Price for customer = 17000+1500 =1850

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