Question

The marked price of a baby carriage is 12500. A shopkeeper gets a discount of 30% on the marked price. He
sells it to a customer at the Marked Price. If the sales are intra-state and the rate of GST is 18%, calculate
the price paid by the shopkeeper including tax.
(ii) the price paid by the customer.
(ii) the GST deposited by the shopkeeper with the Central Government.
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Answer 1

Answer:

here is your answer

Step-by-step explanation:

(i) The price paid by customer is Rs 14,075

(ii) The GST deposited by shopkeeper to Government is Rs 1575

(iii) The price paid by shopkeeper is Rs 8750  .

Step-by-step explanation:

Given as :

The market price of baby carriage = m.p = Rs 12500

The discount percentage = d = 30%

So, The selling price = s.p

Or, Discount % =  

Or, 30% = 1 -  

Or,  = 1 - 0.3

Or,  = 0.7

∴ selling price = Rs 12500 × 0.7

Or, selling price = Rs 8750

Since The GST tax = 18%

The price of carriage after GST = Rs 8750 + rs 8750 × 18%

i.e The price of carriage after GST = Rs 8750 + rs 1575

Or, The price of carriage after GST = Rs 10325

(i) The price paid by customer = m.p of carriage + GSTtax amount

i,.e The price paid by customer = Rs 12500 + Rs 1575 = Rs 14,075

Hence, The price paid by customer is Rs 14,075

(ii) The GST deposited by shopkeeper to Government = The GST cost of carriage

hence The GST deposited by shopkeeper to Government is Rs 1575

(iii) The price paid by shopkeeper = Selling price of carriage + GST tax

Hence The price paid by shopkeeper is Rs 8750  . Answer