Question

The printed price of an air
conditioner is 40000. The wholesaler allows a discount of 10% on it to the shopkeeper.
The shopkeeper sells the AC to a customer at a discount of 5% on the marked price. GST
is charged at the rate of 28%.

Answer 1

Answer:

conditioner is 40000. The wholesaler allows a discount of 10% on it to the shopkeeper.

The shopkeeper sells the AC to a customer at a discount of 5% on the marked price. GST

is charged at the rate of 28%. The sales are intra-state.

Find

(1) the price inclusive of tax paid by the

shopkeeper.

(ii) the tax paid by the wholesaler to the

State Government.

(iii) the GST paid by the shopkeeper to the

State Government.

(iv) the tax received by the Central

Government.

(v) the total amount paid by the customer

inclusive of tax.

Step-by-step explanation: