Question

An LCD TV is available for 15400 including gst if the rate of gst is 10% then find the price of the tv without tax

Answer 1

PLEASE READ FULL ANSWER .......

FIRSTLY !

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I WOULD LIKE TO TELL YOU THAT THERE ARE ONLY 5 TYPES OF GST...

0%

5%

12%

18%

28%

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BUT STILL I'LL EXPLAIN YOU HOW TO SOLVE IT ......

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THE TOTAL PRICE WITH GST OF LCD IS 15,400RS....

MEANS IT IS THE VALUE AS PER BELOW...

TAXABLE VALUE + GST = 15,400 RS

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LET,

THE TAXABLE VALUE IS 100X

SO THE GST WILL BE .....

10% OF 100X

10/100*100X

10X .....

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SO THE TOTAL VALUE WITH GST IS 110X

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BUT WE HAVE GIVEN THE TOTAL VALUE IS 15,400 RS.....

MEANS 110X = 15,400RS

X = 15,400/110

X = 140

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TAXABLE VALUE WAS 100X

MEANS 100 X 140

=>. " 14,000 " RS.... <=

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HOPE IT WILL HELP U

THANK U !

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