For a trader marked price of refrigerator is equal to 15680 inclusive of GST @ 12% on the Marked price Gagan a customer for this

For a trader marked price of refrigerator is equal to 15680 inclusive of GST @ 12% on the Marked price Gagan a customer for this ,OOO. He then sells this T.V. set to a wholesaler B in punj 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. 1. For a trader, marked price of a refrigerator = 15,680 inclusive of GST at the rate of 12% on the marked price. Gagan, a customer for this refrigerator, asks the trader to reduce the marked price of the refrigerater to such an extend that its reduced price plus GST on it is equal to marked price of the refrigerator. Find the required reduction. 18

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For trader marked price is 15,680Gagan asked shopkeeper to reduce marked price upto some extend that, the reduced price+GST will be same as marked price.Let reduced price=xSo as per question,x+(12% of x)=15,680x+12100×x=15,680x+3x25=15,68028x25=15,680x=15,680×2528=14000So the reduced price is 14000.So total reduction required=15,680-14,000=1,680   (Answer)

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