12. The price of a mobile phone is 32,000 inclusive of
28% GST on the list price. Vineeta asks for a discount
on the list price so that after charging the GST, the
final price becomes the list price.
Find
(i) the amount of discount which Vineeta got from
the shopkeeper,
(ii) the amount of SGST on the discounted value of
the mobile.
Answers
Given : The price of a mobile phone is 32,000 inclusive of 28% GST on the list price .
Vineeta asks for a discount on the list price so that after charging the GST, the final price becomes the list price.
To Find : i) the amount of discount which Vineeta got from the shopkeeper,
(ii) the amount of SGST on the discounted value of the mobile.
Solution:
Let say List price of phone = L Rs
28 % GST = (28/100)L = 0.28L
Price inclusive of GST = L + 0.28L = 1.28L Rs
1.28L = 32000
=> L = Rs 25000
List price = Rs 25000
Discount including GST = 32000 - 25000 = Rs 7000
Price Before GST after Discount = P RS
28 % GST = (28/100)P = 0.28P
P + 0.28P = 1.28P
1.28P = 25000
=> P = 19,531.25 Rs
Discount excluding GST = 25000 - 19,531.25 = Rs 5,468.75
SGST = CGST = GST/2 = 14 %
amount of SGST on the discounted value of the mobile.
= (14/100) 19,531.25
= 2,734.38 Rs
Discount including GST = Rs 7000
Discount excluding GST ( on List Price) = Rs 5,468.75
amount of SGST on the discounted value of the mobile. = 2,734.38 Rs
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