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12 A shopkeeper buys an article whose list price is 8000 at some rate of discount from awholesaler. He sells the article to a consumer at the list price. The sales are intra-stateand the rate of GST is 18%. If the shopkeeper pay a tax (under GST) of 72 to theState Government, find the rate of discount at which he bought the article from thewholesaler.brainliest marking challengeanswer this correctly and please be quick..do not bluff​

Answer»

Step-by-step explanation:

Given A shopkeeper buys an article whose list price is 8000 at some rate of discount from a  wholesaler. He sells the article to a consumer at the list price. The sales are intra-state  and the rate of GST is 18%. If the shopkeeper PAY a tax (under GST) of 72 to the  State Government, find the rate of discount at which he bought the article from the  wholesaler.

  • Given list price of the article is Rs 8000
  • The shopkeeper sells the article to CUSTOMER at list price with GST
  • = 18 / 100 x 8000
  • Let discount rate be a %
  • So discount = a/100 x 8000
  •                   = 80 a
  • New price after discount will be 8000 – 80 a
  • So 18% GST will be 18/100 x (8000 – 80 a)
  • Now GST paid by shopkeeper to Government will be  
  • 18/ 100 x 8000 – 18/100 (8000 – 80 a) = 72
  • 18/100 (8000 – 8000 + 80 a) = 72
  • 18/100 x 80 a = 72
  • 72 a / 5 = 72
  • Or a = 5
  • Therefore rate of discount is 5%

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brainly.in/question/13618418


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