Mathematics
The marked price of an article is ₹12500. A dealer in Kolkata sells the article to a consumer in the same city at a profit of 8%. If the rate of GST is 18%, find
(i) the selling price (excluding tax) of the article.
(ii) IGST, CGST and SGST paid by the dealer to the Central and State Governments.
(iii) the amount which the consumer pays for the article.
Related Questions
A retailer buys an article at a discount of 15% on the printed price from a wholesaler. He marks up the price by 10% on the printed price but due to competition in the market, he allows a discount of 5% on the marked price to a buyer. If the rate of GST is 12% and the buyer pays ₹468.16 for the article inclusive of tax (under GST), find
(i) the printed price of the article.
(ii) the profit percentage of the retailer.
Mrs. Arora bought the following articles from a departmental store :
S.No. Item Price Rate of GST Discount 1 Hair oil ₹ 1200 18% ₹ 100 2 Cashew nuts ₹ 600 12% - Find the :
(a) Total GST paid.
(b) Total bill amount including GST.
The following bill shows the GST rate and the marked price of articles :
Vidhyut Electronics
S.No. Item Marked price Quantity Rate of GST (a) LED TV set ₹ 12,000 01 28% (b) MP4 player ₹ 5,000 01 18% Find the total amount to be paid (including GST) for the above bill.
The following bill shows the GST rate and the marked price of articles :
Rajdhani Departmental Store
S.No. Item Marked price Discount Rate of GST (a) Dry fruits (1 kg) ₹ 1200 ₹ 100 12% (b) Packed Wheat Flour (5 kg) ₹ 286 Nil 5% (c) Bakery Products ₹ 500 10% 12% Find the total amount to be paid (including GST) for the above bill.