Question

The MRP of an article is 5000 . Dealer buy it at a discount of 20%. He sell it to a customer in the same city at a discount of 5%. Find no. 1 total amount paid by the customer and 2. The late GST paid by the dealer to the if GST is charged at 12%.

Answer 1

The dealer bought it in = 5000 - 5000 × 20/100 = 5000 - 1000 = 4000 Rs. GST Paid = 12% of 4000 = 4000 × 12/100 = 480 Rs. Amount paid by the customer = 5000 - 5000 × 5/100

= 5000 - 250

= 4750 Rs.

Hope it helps!!