Question

A dealer purchased goods worth 15,000 and sold them for 21,000 within the state. If the rate of GST is 12%, then the net SGST paid by the dealer is: (A) ₹360 (B) ₹720 (C) ₹800 (D) ₹850​

Answer 1

Given:

CP of the goods$=15000$

SP of the goods$=21000$

GST$=12\%$

To find: the net GST paid.

Solution:

Understand that, the dealer sold the goods only within the state.

Therefore,

$GST=SGST=12\%$

Find the SGST paid on SP.

SGST paid$=$$12\% of SP$

                        $\[\begin{array}{l} = \frac{{12}}{{100}} \times 21000\\ = 2520\end{array}\]$

Find the SGST paid on CP.

SGST paid$=12\% of 15000$

                $\[\begin{array}{l} = \frac{{12}}{{100}} \times 15000\\ = 1800\end{array}\]$

Find the net SGST paid by the dealer.

Net SGST$=$ SGST paid on SP$-$SGST paid on CP

               $=2520-1800\\=Rs. 720$

Therefore, the Net SGST paid by the dealer is Rs. 720.

Hence, The correct answer is option (B). i.e., Rs, 720.

Answer 2

Answer

Rs. 360 is correct answer

hope so it will help you all !!!!!