Airfare from Peshawar to Karachi of an air line is Rs 5700. What will be the selling price of this ticket if Rs 1500 airport tax and GST at the rate of 16.5 % are included?
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Answer:
The selling price of ticket including tax amount is Rs 8140.5
Step-by-step explanation:
Airfare from Peshawar to Karachi of an air line = Rs 5700
The GST applied = 16.5 %
The Airport tax = Rs 1500
Let The selling price of ticket = Rs s.p
According to question
∵ GST applied on fare
And GST = 16.5 %
So, GST amount = 16.5 % of fare amount
i.e GST amount = 16.5 % × rs 5700
Or, GST amount = 0.165 × 5700
∴ GST amount = Rs 940.5
Again
Since Airport tax = Rs 1500
So, Total tax to be paid for ticket = Airport tax + GST
Or, Total tax to be paid for ticket = rs 1500 + rs 940.5
i.e Total tax to be paid for ticket = Rs 2440.5
So, The selling price of ticket including tax amount = Rs 5700 + Rs 2440.5
Or, s. p = Rs 8140.5
Hence, The selling price of ticket including tax amount is Rs 8140.5 Answer
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