A technician charged 500 for a repair job excluding GST. If the GST rate is 8%,
(b) how much does a customer have to pay for the repair job including GST?
ion x GST rate
(a) how much GST does a customer have to pay?
(a) GST
Answers
Step-by-step explanation:
technician will charge = 500
GST = 8% of 500 = 40
total have to pay = 500+40 = 540
Answer:
a). The GST is ₹ 32
b). Price of the service including GST is ₹ 432
Step-by-step explanation:
Given :
• Amount charged by the plumber (Excluding GST) = ₹ 400
• GST rate = 8 %
To find :
• a). Amount of GST for the service
• b). Price of the service including GST
Solution :
GST rate = 8 %
8 % of 400
★ a).
GST Amount = ( Original cost of the product or Service × GST % ) / 100
⇒ 400 × 8 / 100
⇒ 32
⇒ ₹ 32
The GST is ₹ 32
★ b).
Amount given by customers :
Net Price = Original cost of the product or Service + GST amount
⇒ 400 + 32
⇒ 432
⇒ ₹ 432
Amount given by customers including GST = ₹ 432
Therefore,
a). The GST is ₹ 32
b). Price of the service including GST is ₹ 432.
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