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ICSE Class 10 Answered

A calculator manufacturer's manufacturing cost of calculator is Rs 900. GST is 18%. He manufactured 120 such calculators. He marked up each by 50% and sold to a dealer at a discount of 10%. Find the final price dealer paid for the calculators, also find the total GST received by the central government.
Asked by nidhisingh200418 | 09 Sep, 2019, 12:53: PM
answered-by-expert Expert Answer
Manufacturing cost=900
GST = 18%=18/100 x 900=162
Cost price of calculator = Rs. 1062
He marked price of each calculator 50% more than the cost price
Marked price of 1 calculatorequals 50 over 100 cross times 1062 plus 1062 equals R s. space 1593
Discount offeredequals 10 over 100 cross times 1593 equals R s. space 159.3
Selling price = 1593 - 159.3 = Rs. 1433.7
Price without GST = 1433.7/1.18 = Rs. 1215
GST paid for one calculator = 1433.7 - 1215 = Rs 218.7
Price paid by dealer for 120 calculators = 120 x 1433.7 = Rs 172044
GST paid for 120 calculators = 218.7 x 12 Rs 26244
Answered by Renu Varma | 11 Sep, 2019, 11:04: AM

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