Washing machine setup cost of 11000 b and b cells to c cells to be gst

1.	Washing machine setup cost of 11000 b and b cells to c cells to be gst 28% and the profit is rupees 1500 at each stage of selling chain find the total gst the price including gst paid for washing machine
Answer» Answer:i) Rs 900 (ii) Rs 1620 (iii) Rs 32256 Step-by-step explanation: (i) To the wholesaler: S.P of the washing machine = Rs 15000 GST = 12% of Rs 15000 Tax under GST received by the state government by the wholesaler = 6% of 15000 = (6 ÷ 100) x 15000 = Rs 900 (ii) Wholesaler SELLS the washing machine at a profit of Rs 12000 S.P of the washing machine to the trader = 15000 + 12000 = Rs 27000 Tax under GST received by the central government by the trader = 6% of 27000 = (6 ÷ 100) x 27000 = Rs 1620 (iii) Trader sells the washing machine to the consumer at a profit of Rs 1800 S.P of the washing machine to the consumer = 27000 + 1800 = Rs 28800 Taxes = 12% of 28800 = (12 ÷ 100) X 28800 = Rs 3456 Therefore, the TOTAL amount PAID by the consumer for the washing machine = 28800 + 3456 = Rs 32256

Washing machine setup cost of 11000 b and b cells to c cells to be gst 28% and the profit is rupees 1500 at each stage of selling chain find the total gst the price including gst paid for washing machine

Answer»

Answer:i) Rs 900 (ii) Rs 1620 (iii) Rs 32256

Step-by-step explanation:

(i) To the wholesaler:

S.P of the washing machine = Rs 15000

GST = 12% of Rs 15000

Tax under GST received by the state government by the wholesaler = 6% of 15000

= (6 ÷ 100) x 15000

= Rs 900

(ii) Wholesaler SELLS the washing machine at a profit of Rs 12000

S.P of the washing machine to the trader = 15000 + 12000

= Rs 27000

Tax under GST received by the central government by the trader = 6% of 27000

= (6 ÷ 100) x 27000

= Rs 1620

(iii) Trader sells the washing machine to the consumer at a profit of Rs 1800

S.P of the washing machine to the consumer = 27000 + 1800

= Rs 28800

Taxes = 12% of 28800

= (12 ÷ 100) X 28800

= Rs 3456

Therefore, the TOTAL amount PAID by the consumer for the washing machine = 28800 + 3456

= Rs 32256