The manufacturing cost of an item is 900. The manufacturer marked up the price of his items by 60% and then sell them at a discount of 10%. If a consumer buy 10 such items, then the GST paid by him on the purchased is: (a) 648 (b) 1,000 (C) 71,296 (d) 1,425
Answers
Answer:
there is your answer
Step-by-step explanation:
price 900
plus 60 percent = 1440
minus 10 persent discount =1296
10 items = 1296×10 =12960
gst = 11% =12960×11%
= 1425.6
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Given : The manufacturing cost of an item is 900.
The manufacturer marked up the price of his items by 60% and then sell them at a discount of 10%.
A a consumer buy 10 such items,
GST Rate is 5 %
To Find : the GST paid by him on the purchased is: (a) 648 (b) 1,000 (C) 71,296 (d) 1,425
Solution:
manufacturing cost of an item is 900.
Mark up = (60/100)900 = 540 Rs
MP = 900 + 540 = 1440 Rs
Discount = (10/100) 1440 = 144 Rs
SP = 1440 - 144 = Rs 1296
Price of 10 such Items = 10 * 1296 = 12960 Rs
GST rate 5 % = (5/100)12960 = 648 Rs
the GST paid by him on the purchase is Rs 648
Correct option a) 648
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