The printed price of an article is Rs.5000. A wholesaler in West Bangal buys it from a
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manufaturer in Assam at a discount of 10% on the printed price. The wholesaler sells
it to a retailer in Jharkhand at 30% above the marked price. If the rate of GST on the carpet
is 5% find :
(i) The price inclusive of tax (under GST) at which the wholesaler bought the carpet,
(ii) The price inclusive of tax (under GST) at which the retailer bought the carpet,
(iii) the tax (under GST) received by the Central Government.
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678 because it is my answet
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