Question

the printed price of a bicycle is rs 60000. the manufacturer allows a discount of 25% to a dealer Sanjiv. the dealer Sanjiv sells the article to another dealer Mohit at a discount of 12% on the marked price. the dealer Mohit sells it to a consumer at 5% above the printed price. if all the sales are intra state and the rate of GST is 18%, find; (i)the price of bicycle inclusive of tax (under GST) paid by dealer sanjeev. (ii) the price of bicycle inclusive of tax (under GST) paid by dealer Mohit. (iii) the amount in which the consumer pays for the bicycle. (iv) the amount of tax( (under GST) paid by dealer sanjeev to the central government. (v) amount paid by Mohit to central government (vi) amount of tak received by central government​

Answer 1

Answer:

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