4. A retailer buys some butter for 380 per kg
and sells one kilogram to a consumer for 425.
If the GST charged is 12%, find
(i) The amount of GST paid by the retailer
to the Government on 1 kg of butter.
(ii) The price paid by a consumer to buy
1 kg of butter
Tot Grinder o
A retailer buys an article for Rs. 800 and pays the GST at the rate of 18%. The retailer sells the same article to a customer for Rs. 1,000 and charged GST at the same rate. Find :
(i) the price paid by customer to buy this article.
(ii) the amount of GST paid by retailer.
A retailer buys an AC from a wholesaler for . He marks the price of the AC above his cost price and sells it to a consumer at discount on the marked price. If the sales are intrastate and the rate of GST is , find
(i) the marked price of the AC.
(ii) the amount which the consumer pays for the AC.
(iii) the amount of tax (under GST) paid by the retailer to the Central Government.
(iv) the amount of tax (under GST) received by the State Government.
A manufacturer marks an article for Rs 5000. He sells it to a wholesaler at a discount of 25% on the marked price and the wholesaler sells it to a retailer at a discount of 15% on the marked price. The retailer sells it to a consumer at the marked price and at each stage the GST is 12%.
Calculate the amount of GST received by the Government from :
(i) the wholesaler (ii) the retailer
The printed price of a washing machine is . A wholesaler in Chattisgarh buys the washing machine from a manufacturer in Delhi at a discount of on the printed price. The wholesaler sells the washing machine to a retailer in Haryana at 5% above the printed price. If the rate of GST on the washing machine is , find
(i) the amount inclusive of tax (under GST) paid by the wholesaler for the washing machine.
(ii) the amount inclusive of tax (under GST) paid by the retailer for the washing machine.
(iii) the amount of tax (under GST) paid by the wholesaler to the Central Government.
(iv) the amount of tax (under GST) received by the Central Government.
A shopkeeper buys an article at a discount of 30% and pays GST at the rate of 5%. The shopkeeper sells the article to a consumer at 10% discount on the list price and charges GST at the same rate. If the list price of the article is Rs. 3,000, find:
(i) the price inclusive of GST paid by shopkeeper.
(ii) the price paid by consumer.
(iii) the VAT paid by the shopkeeper.