Sum
A dealer in Bihar supplied goods to a dealer in Mumbai. The dealer in Mumbai buys :
(i) 40 articles for 800 each at 30% discount
(ii) 75 articles for 1,000 each at 20% discount.
If the rate of GST, on the whole, is 12%, find how much will the dealer at Mumbai pay to a dealer in Bihar.
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Solution
The dealer in Mumbai buys :
(i) 40 articles for 800 each at 30% discount
=`40xx(800 - 800xx30/100)`
= `40xx( 800 - 240)`
= 40 × 560
= 22400
(ii) 75 articles for 1,000 each at 20% discount.
=`75xx(1000 - 20/100xx1000)`
= `75xx(1000 - 200)`
= 75 × 800
= 60000
Total = 22400 + 60000 = 82400
Rate of GST = 12 %
GST = `(12/100)xx824000` = 9888
dealer at Mumbai pay to dealer in Bihar = 82400 + 9888 = Rs 92288
Concept: Gst Comprises of
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