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 total GST collected by state government at the rate of 28% and the amount that the customer paid for TV ​

Answer 1

GST Collected will be 4900

As steps are below :

Answer 2

Answer: The customer paid Rs. 23680 for T.V.

Step-by-step explanation:

Since we have given that

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

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 = 18500

Rate of GST = 28%

So, Amount of GST would be

$\dfrac{28}{100}\times 18500\\\\=0.28\times 18500\\\\=5180$

So, Amount that the customer paid for TV is given by

$18500+5180\\\\=Rs.\ 23,680$

Hence, The customer paid Rs. 23680 for T.V.