16.
Exercise 1
An article is marked at 15000. A dealer sells it to a consumer at 10% profit. If the rate
of GST is 12%, find:
(i) the selling price (excluding tax) of the article.
(ii) the amount of tax (under GST) paid by the consumer.
(iii) the total amount paid by the consumer.
Share
Verified answer
Answer:
Step-by-step explanation:
(i)the price of the article is 18000rs if we multiply the the 15000 by 12% then we get the answer as 1800000
for cst we need to remove one of the zero
so your final answer will be 18000/-
(ii)