Question

what is
1)discount
2)overlead charges
3)GST(Good and Service tax)




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Answer 1

Answer:

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Answer 2

Answer:

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Discount:

• Discount :Reduction on mark price (M. P) of the article is called discount.

Formula:

Therefore Discount=Mark price-scale price

Overlead charges:

• Overlead charges:when a article is purchased, sometime additional expenses (repair the charges transportion charges labour charges) are incurred on it. These expenses are made while buying or before selling articles.

GST (GOOD AND SERVICE TAX) :

• GST is imposed by Indian government which is applicable on supply of both goods and services..