amit went to buy a bicycle cost ₹12000. the rate of SGST is 9 %. He asks the shopkeeper to reduce the price of the bicycle to such an extent so that he has to pay ₹12000 inclusive GST. Find the reduction needed in the price of the bicycle
Answers
Step-by-step explanation:
GST [Goods and Services Tax]
SELINA Solutions for Class 10 Maths Chapter 1 - GST [Goods and Services Tax]
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Chapter 1 - GST [Goods and Services Tax]
Page / Exercise
Ex. 1(A) Ex. 1(B)
Chapter 1 - GST [Goods and Services Tax] Exercise Ex. 1(A)
Question 1
For the following transaction within Delhi, fill in the blanks to find the amount of bill :
MRP = Rs. 12,000, Discount % = 30%, GST = 18%
Discount =
Selling price (discounted value) =
CGST =
SGST =
IGST =
Amount of Bill =
Solution 1
MRP = Rs. 12,000, Discount % = 30%, GST = 18%
Discount = 30% of 12,000 =
Selling price (discounted value) = 12000 - 3600 = Rs. 8400
CGST = 9% of 8400 = Rs. 756
SGST = 9% of 8400 = Rs. 756
IGST = 0
Amount of Bill = Selling price + CGST + SGST = 8400 + 756 + 756 = Rs. 9912
Step-by-step explanation:
MRP = Rs. 12,000, Discount % = 30%, GST = 18%
Discount = 30% of 12,000 = 
Selling price (discounted value) = 12000 - 3600 = Rs. 8400
CGST = 9% of 8400 = Rs. 756
SGST = 9% of 8400 = Rs. 756
IGST = 0
Amount of Bill = Selling price + CGST + SGST = 8400 + 756 + 756 = Rs. 9912