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Home » A is a manufacturer of T.V. sets in Delhi. He manufacturers a particular brand of T.V. set and marks it at Rs. 75,000. He then sells this T.V. set to a wholesaler B in Punjab at a discount of 30%. The wholesaler B raises the marked price of the T.V. set bought by 30% and then sells it to dealer C in Delhi. If the rate of GST = 5% find tax (under GST) paid by wholesaler B to the government.
A is a manufacturer of T.V. sets in Delhi. He manufacturers a particular brand of T.V. set and marks it at Rs. 75,000. He then sells this T.V. set to a wholesaler B in Punjab at a discount of 30%. The wholesaler B raises the marked price of the T.V. set bought by 30% and then sells it to dealer C in Delhi. If the rate of GST = 5% find tax (under GST) paid by wholesaler B to the government.
Class 10 | Exercise 1(B) | Gst Goods And Services Tax | ICSE | Maths | Selina
A is a manufacturer of T.V. sets in Delhi. He manufacturers a particular brand of T.V. set and marks it at Rs. 75,000. He then sells this T.V. set to a wholesaler B in Punjab at a discount of 30%. The wholesaler B raises the marked price of the T.V. set bought by 30% and then sells it to dealer C in Delhi. If the rate of GST = 5% find tax (under GST) paid by wholesaler B to the government.

We realize that,

Introductory stamped cost by maker

    \[A\text{ }is\text{ }Rs.\text{ }75,000\]

Then, at that point,

    \[B\]

purchased the T.V. at a rebate of

    \[30percent.\]

In this way, the cost of

    \[B\text{ }=\text{ }70percent\text{ }of\text{ }75,000\text{ }=\text{ }Rs.\text{ }52,500\]

Furthermore, GST paid by

    \[B\]

for

    \[buy\text{ }=\text{ }5percent\text{ }of\text{ }52,500\text{ }=\text{ }Rs.\text{ }2625\]

Presently, B sells T.V. by expanding checked cost by

    \[30percent.\]

Then, at that point, the Selling cost for

    \[B\text{ }=\text{ }75,000\text{ }+\text{ }30%\text{ }of\text{ }75,000\text{ }=~Rs.\text{ }97,500\]

Furthermore, GST charged by B on selling of T.V.

    \[=\text{ }5percent\text{ }of\text{ }97,500\]

    \[=\text{ }Rs.\text{ }4875\]

Hence, the GST paid by B to the public authority

    \[=\text{ }GST\text{ }charged\text{ }on\text{ }selling\text{ }price\text{ }\text{ }GST\text{ }paid\text{ }against\text{ }purchase\text{ }price\]

    \[=\text{ }4875\text{ }\text{ }2625\]

    \[=~Rs.\text{ }2250\]

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