UP TGT Mathematics commercial mathematics Test Series - Part 1
A wholesaler in Lucknow buys goods worth Rs. 15,000 from a manufacturer in Kanpur at 12% GST. He sells them to a retaile...
Type: MCQ • Marks: 1
A wholesaler in Lucknow buys goods worth Rs. 15,000 from a manufacturer in Kanpur at 12% GST. He sells them to a retailer in Varanasi at a profit of Rs. 3,000. Find the net GST paid by the wholesaler to the government.
Options
A. 1) Rs. 360
B. 2) Rs. 540
C. 3) Rs. 180
D. 4) Rs. 720
Explanation
Net GST = GST rate * Profit = 12% of 3000 = Rs. 360.
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