gaurav bought a shirt for Rs.1296 including GST . if the original price of the shirt is Rs.1200,find the rate of GST.
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5
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
= (\dfrac{96}{1200} \times 100)\%=(
1200
96
×100)%
= ( \dfrac{9600}{1200} )\%=(
1200
9600
)%
= 8\%=8%
Hence, The rate of G.S.T is 8%
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