The marked price of an article is 30000. The dealer buys it at 25%
discount and sells it to retailer at discount of 15% on the marked price.
If GST is 12%, find the GST paid by the dealer.
Answers
360 is the GST paid by dealer to government
Step-by-step explanation:
The marked price of an article is 30000
The dealer buys it at 25% discount
=> Price after Discount = 30000 - (25/100)30000 = 22500
12% GST = (12/100)22500 = 2700
Dealer sells it to retailer at discount of 15% on the marked price.
=> Price after Discount = 30000 - (15/100)30000 = 25500
12% GST = (12/100)25500 = 3060
the GST paid by the dealer to govern ment = 3060-2700
= 360
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Answer:
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Step-by-step explanation:
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