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A manufacturer in Delhi manufactures a machine and marks it at Rs. 60,000. He sells the machine to a wholesaler (in patna) at a discount of `20%`. The wholesaler sells the machine to a dealer (in Agra) at a discount of `10%` on the marked price. If the rate of GST is `28%`, find the tax paid by the wholesaler to the cenral - government.

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To solve the problem step by step, we will calculate the cost price for the wholesaler, the selling price for the dealer, and then determine the GST paid by the wholesaler. ### Step 1: Calculate the Cost Price for the Wholesaler The manufacturer marks the machine at Rs. 60,000 and gives a discount of 20% to the wholesaler. \[ \text{Cost Price for Wholesaler} = \text{Marked Price} \times \left(1 - \frac{\text{Discount}}{100}\right) \] Substituting the values: \[ \text{Cost Price for Wholesaler} = 60,000 \times \left(1 - \frac{20}{100}\right) = 60,000 \times 0.8 = 48,000 \] ### Step 2: Calculate the Selling Price for the Dealer The wholesaler sells the machine to the dealer at a discount of 10% on the marked price (which is still Rs. 60,000). \[ \text{Selling Price for Dealer} = \text{Marked Price} \times \left(1 - \frac{\text{Discount}}{100}\right) \] Substituting the values: \[ \text{Selling Price for Dealer} = 60,000 \times \left(1 - \frac{10}{100}\right) = 60,000 \times 0.9 = 54,000 \] ### Step 3: Calculate the Profit of the Wholesaler Now, we find the profit made by the wholesaler by subtracting the cost price from the selling price. \[ \text{Profit} = \text{Selling Price for Dealer} - \text{Cost Price for Wholesaler} \] Substituting the values: \[ \text{Profit} = 54,000 - 48,000 = 6,000 \] ### Step 4: Calculate the GST Paid by the Wholesaler The GST rate is 28%. To find the GST paid by the wholesaler, we calculate: \[ \text{GST} = \text{Profit} \times \left(\frac{\text{GST Rate}}{100}\right) \] Substituting the values: \[ \text{GST} = 6,000 \times \left(\frac{28}{100}\right) = 6,000 \times 0.28 = 1,680 \] ### Conclusion The tax paid by the wholesaler to the central government is Rs. 1,680. ---
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ICSE-GST [GOODS AND SERVICES TAX] -Exercise 1(B)
  1. A manufacturer in Delhi manufactures a machine and marks it at Rs. 60,...

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  2. Fill in the blanks : When the goods/services are sold for Rs. 15,000...

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  3. Goods/services are sold from Agra (U.P.) to Kanpur (U.P.) for Rs. 20,0...

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  4. Goods/services are sold from Agra (U.P.) to Kanpur (U.P.) for Rs. 20,0...

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  5. Goods/services are sold from Kota (Rajasthan) to Mumbai for Rs. 20,000...

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  6. A is a dealer in Banaras (UP). He supplies goods/services worth Rs. 8,...

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  7. A is a dealer in Meerut (UP). He supplies goods/services, worth Rs. 15...

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  8. A is a dealer in Meerut (UP). He supplies goods/services, worth Rs. 15...

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  9. A dealer X in Hapur (UP) supplies goods/services, worth Rs. 50,000 to ...

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  10. A dealer X in Hapur (UP) supplies goods/services, worth Rs. 50,000 to ...

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  11. Consultancy services, worth Rs. 50,000 are transferred from Delhi to C...

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  12. Consultancy services, worth Rs. 50,000 are transferred from Delhi to C...

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  13. Consultancy services, worth Rs. 50,000 are transferred from Delhi to C...

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  14. For a dealer A, the list price of an article is Rs. 9,000. which he se...

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  15. The marked price of an article is Rs. 6,000. A wholesaler sells it to ...

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  16. A is a manufacturer fo T.V. sets in Delhi. He manufactures a particula...

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  17. For a trader, marked price of a refigerator = Rs. 15,680 exclusive GST...

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