Q.

A calculator manufacturer’s manufacturing cost of a calculator is rupees Rs. 900 . GST is 18% . He manufactured 120 such calculators. He marked each by $50%$ and sold to a dealer at a discount of 10% . Find the final price paid by the dealer. Also find the total GST received by the State Government.


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a

 Rs 172044, Rs 13122

b

Rs 192044, Rs 15122

c

Rs 192044, Rs 18122

d

Rs 142044, Rs 15122 

answer is A.

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Detailed Solution

From the question we have,
Manufacturing cost of 1 calculator = Rs 900
GST =18100 ×900= Rs 162
Cost including GST =900+162= Rs 1062
Marked Price =1062+50100×1062= Rs 1593
Discount offered =10100×1593=159.3
Selling Price =1593-159.3 = Rs 1433.7
Price without GST =1433.71.18= Rs. 1215
GST Paid for an calculator =1433.7-1215=218.7 Rs
Price paid for 120 calculators =120×1433.7= Rs 172044
GST paid for 120 calculators =218.7×120= Rs 26244
GST received by state government =262442= Rs 13122
 
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A calculator manufacturer’s manufacturing cost of a calculator is rupees Rs. 900 . GST is 18% . He manufactured 120 such calculators. He marked each by $50%$ and sold to a dealer at a discount of 10% . Find the final price paid by the dealer. Also find the total GST received by the State Government.