Question

the mrp of an article is 5000 a dealer buys it at a discount of 20% he sell it to a customer in the same cityat a discount of 5% find the the total amount paid by the customer and the net gst paid by the dealer to the government if gst is charged at 12%​

Answer 1

gst paid by dealer is 509 - 429 =80.

Step-by-step explanation:

cost of an article= rs.5000

dealer buys it 20% discount i.e, 5000*20%= 4000

now gst paid by dealer is 12% = cgst= 4000/112*12= 429

dealer got an article at 4429

sold to customer for 5% discount= 5000*5%=4750

gst paid by customer = 4750/112*12= 509

he sold to customer at 4750