The marked price of an article is Rs.7500. A shopkeeper buys the article from a wholesaler at some discount and sells it to a consumer at the marked price. The sales are intra - state and the rate of GST is 12 %. if the shopkeeper pays Rs. 90 as GST to the State Govt . find : (I) the amount of discount . (ii) the price of the article inclusive GST paid by the shopkeeper to the wholesaler
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Answer:
6750
Step-by-step explanation:
The price of article at discount = 6750.
So, to get the discount we subtract the price of article at discount from marked price:
Now, to get the price inclusive of tax (under GST) of the article which the shopkeeper paid to the wholesaler:
The price of article shopkeeper paid to the wholesaler = 6750.
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