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The printed price of a carpet is Rs. 2500. A wholesaler in West Bengal buys the carpet from a manufacturer inMaharashtra at a discount of 12% on the printed price. The wholesaler sells the carpet to a retailer in Bihar at 32%above the marked price. If the rate of GST on the carpet is 5%, find:(i) the price inclusive of tax (under GST) at which the wholesaler bought the carpet.(ii) the price inclusive of tax (under GST) at which the retailer bought the carpet.(iii) the tax (under GST) paid by the wholesaler to the Government.(iv) the tax (under GST) received by the Central Government. |
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Answer» ANSWER. PLEASE FIND THE ATTACHMENT. |
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