gaurav bought a shirt for Rs.1296 including GST . if the original price of the shirt is Rs.1200,find the rate of GST.
Answers
Answered by
94
The rate of G.S.T is 8% respectively.
Solution:-
Given,
Selling price of the shirt = Rs. 1296
Cost price of the shirt = Rs. 1200
Hence, the amount of GST or profit => (S.P - C.P) = Rs.(1296 - 1200) = Rs.96
Therefore, the rate of G.S.T = P/C.P × 100
Hence, The rate of G.S.T is 8%
Verification:-
Cost price = Rs. 1200
Selling price = Cost price + G.S.T
= Rs.(1200 + 8% of 1200)
Hence, Proved.
Answered by
33
Answer
G.S.T = 8%
Given :-
Selling price of shirt (S.P) = 1296 Rs
Cost price of shirt (C.P) = 1200 Rs
So,
Amount of G.S.T or Profit = S.P - C.P
» (1296-1200)
» (96)
» 96 Rs.
Rate of G. S. T = Profit / C.P × 100%
» (96/1200 × 100 )%
» (9600/1200)%
» 8%
Hope it helps
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