Question

The printed price of an article is 50000. The wholesaler allows a discount of 10% to a shopkeeper. The shopkeeper sells the article to A consumer at 4% above the marked price. If the sales are intra state and the rate of GST is 18% find
1. The amount inclusive of tax which the shopkeeper pays for the article
2.the amount paid by the consumer for the article
3. The amount of tax paid by the shopkeeper to the central government
4. The amount of tax recieved by the central government

Answer 1

Step-by-step explanation:

HELLO DEAR,

The price of article = ₹50000.

The wholesaler allow a discount of 10 % ,

Then selling price of article = ₹50000 - ₹(50000 ×10)/100

= ₹50000- ₹5000

= ₹45000.

And Shopkeeper sell the aeticle to consumer above 4% of print price of article.

So, SP = ₹50000+( ₹50000×4)/100

=₹50000 + ₹2000

= ₹52000

And 18% GST on mark price .

( 50000×18)/100

=₹ 9000

i)Therefore amount inclusive of tax which shopkeeper pay for article = 50000 + 9000 + 2000 = ₹61000

I HOPE IT HELP YOU DEAR,

THANKS.

Answer 2

Answer:

hope it will help you

thank you