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ICSE Class 10 Answered

The price of a sewing machine is Rs.40000.The wholesaler allows a discount of 10% on it to the shopkeeper.The shopkeeper sells the sewing machine to a customer at a discount of 5% on the marked price .GST is charged at the rate of 28% .The sales are intra-state. to find- 1] the price inclusive of tax paid by the shopkeeper 2]the tax paid by the wholeseller to the state government 3] the GST paid by the shopkeeper to the state government 4]total amount paid by the customer inclusive of tax.           Please Solve This
Asked by rashikulkarni28 | 18 Oct, 2022, 11:20: AM
Expert Answer
bold For bold space bold Wholeseller
Tax space paid space equals space 28 over 100 cross times space 40 comma 000 equals 11 comma 200
To space state space gov. equals space 5600
To space central space gov. equals space 5600

bold For bold space bold Shopkeeper
MP space equals space Rs. space 40000
Discount space equals space 10 over 100 cross times 40000 space equals space 4000
SP space equals space 36000
GST space equals space 28 over 100 cross times 36000 equals 10 comma 080
To space state space gov. equals space 5040
To space central space gov. equals space 5040
Total space cost space equals space 46 comma 080

bold For bold space bold Customer
MP space equals space Rs.40 comma 000
Discount space equals space 5 over 100 cross times 40000 space equals space 2000
SP space equals space 38000
GST space equals space 28 over 100 cross times 38000 equals 10 comma 640
To space state space gov. equals space 5320
To space central space gov. equals space 5320
Total space cost space equals space 48 comma 640
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