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the shopkeeper bought a washing machine per 1600 from a dealer sold it to a consumer at a profit of rupees 2500 calculate the Questlevel of the shopkeeper if the rate of GST 28%​

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Answer:

Given: Printed price of washing machine = Rs. 18,000, Rate of discount =20%.

Amount of discount to shopkeeper =

100

20

×18,000

= Rs. 3,600

Shopkeeper's price = Rs. 18,000− Rs. 3,600

= Rs. 14,400

Sales Tax paid by shopkeeper =

100

8

×14,400= Rs. 1,152.

Discount for consumer =

100

10

×18,000= Rs. 1,800

Price for consumer = Rs. 18,000− Rs. 1,800= Rs. 16,200

Tax charged by the shopkeeper =

100

8

×16,200= Rs. 1,296.

Since, Tax paid by the shopkeeper = Rs. 1,152

∴ VAT paid by the shopkeeper = Tax charged − Tax paid

= Rs. 1,296− Rs. 1,152

= Rs. 144

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