(i)The marked price of the article
\[=\text{ }Rs.\text{ }12500\]
When sold at a profit of 8%
Profit
\[=\text{ }\left( 8/100 \right)\text{ }x\text{ }Rs.\text{ }12500\]
\[=\text{ }Rs.\text{ }1000\]
Thus,
the selling price (excluding tax) of the article
\[=\text{ }Marked\text{ }price\text{ }+\text{ }profit\]
\[=\text{ }Rs.\text{ }12500\text{ }+\text{ }Rs.\text{ }1000\]
\[=\text{ }Rs.\text{ }13500\]
(ii) The rate of GST
\[=\text{ }18%\]
IGST is not applicable in this case since the dealing is intra state
CGST paid by the dealer to the Central Government
\[=\text{ }9%\text{ }of\text{ }the\text{ }selling\text{ }price\]
\[=\text{ }\left( 9/100 \right)\text{ }x\text{ }Rs.\text{ }13500\]
\[=\text{ }Rs.\text{ }1215\]
And,
SGST paid by the dealer to the State Government
\[=\text{ }9%\text{ }of\text{ }the\text{ }selling\text{ }price\]
\[=\text{ }\left( 9/100 \right)\text{ }x\text{ }Rs.\text{ }13500\]
\[=\text{ }Rs.\text{ }1215\]
(iii) Hence,
the total amount which the consumer pays for the article will be
= Selling price + CGST + SGST
\[=\text{ }Rs.\text{ }13500\text{ }+\text{ }Rs.\text{ }1215\text{ }+\text{ }Rs.\text{ }1215\]
\[=\text{ }Rs.\text{ }15930\]