2357 Views

Om manufacturer marks of printer for 12000 rupees and sells it at 15% discount to a wholesaler the wholesaler gives 10% discount on the marked price to A shopkeeper the shopkeeper sells it at marked price and GST charged is 12% find the amount of GST deposited with the central government bye wholesa


Harsh gala 20th Jul, 2020
Answers (2)
Rama Devi 22nd Jul, 2020

Hello,

Marked price = Rs. 12,000

Manufacturer sell printer at 15% discount to wholesaler

Discount = 12000 * 15/100 => Rs. 1800

Discount = 1800

The price of printer after discount = 12000-1800

= Rs.  10200

GST = 12%

Tax payed by wholesaler = 12% of 10200

= Rs. 1224

The wholesaler sell at 10% discount on marked price to shopkeeper

Discount = 10% of 12000

= Rs. 1200

The price of printer after discount = 12000-1200 => Rs. 10800

GST = 12%

Tax payed by shopkeeper = 12% of 10800 => Rs. 1296.


the price paid by the wholesaler inclusive of tax= tax payed by the shopkeeper - tax payed by wholesaler

= 1296-1224 = Rs. 72

Hope you find this information helpful.

Thank you.

1 Comment
Comments (1)
22nd Jul, 2020
thank you sir
Reply
shefali 22nd Jul, 2020

Hi students,

Discount = 12000*15/100 = 1800

Wholesaler bought a printer for= 12000-1800= 10200

Wholesaler sold that for = 12000-(10/100*12000)

= 12000- 1200 = 10800

Profit he makes by selling = 10800- 10200 = 600

Gst deposited by him = 12/100*600 = 72

I hope you will get your answer.

3 Comments
Comments (3)
22nd Jul, 2020
well hi I am Harsh and I like yr ans but what if it comes for 4 marks this short answer would not work
Reply
22nd Jul, 2020
Harsh gala You got your answer in next comment..
Reply
26th May, 2021
Harsh gala umm....the short answer does not matter...the answer should be correct and the steps should be written correctly
Reply

Related Questions

UPES Integrated LLB Admission...
Apply
Ranked #28 amongst Institutions in India by NIRF | Ranked #1 in India for Academic Reputation by QS University Rankings | 16.6 LPA Highest CTC
Jindal Global Law School Admi...
Apply
Ranked #1 Law School in India & South Asia by QS- World University Rankings | Merit cum means scholarships | Application Deadline: 30th Nov'24
Nirma University Law Admissio...
Apply
Grade 'A+' accredited by NAAC
Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
ICFAI Business School-IBSAT 2024
Apply
9 IBS Campuses | Scholarships Worth Rs 10 CR
UPES B.Tech Admissions 2025
Apply
Ranked #42 among Engineering colleges in India by NIRF | Highest CTC 50 LPA , 100% Placements
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books