The Marked price of an article is Rs 6,000. A wholesaler sells it to a dealer at 20% discount. The dealer further sells the article to a customer at a discount of 10% on the marked price. The rate of GST at each stage is 18% , find the amount of tax ( under GST) paid by dealer to the government.
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Answered by
40
Answer:
108
Step-by-step explanation:
Initial marked price by manufacturer A is Rs. 6000 B bought the T.V. at a discount of 20%.Cost price of B = 80% of 6000 = Rs. 4800 ….(i)
GST paid by B for purchase = 18% of 4800 = Rs. 864 ….(ii)
B sells T.V. at discount of 10% of market PriceSelling price for B = 6000 - 10% of 6000 = Rs. 5400 …(iii)
GST charged by B on selling of T.V. = 18% of 5400 = Rs. 972 …(iv)
GST paid by B to the government
= GST charged on selling price - GST paid against purchase price = 972 - 864
= Rs. 108
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