Govind buys a pair of shoes for Rs 6000 and G.S.T. charged on it at 18 % . The amount that Govind pays for the shoes is
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Step-by-step explanation:
Price of the shoes = Rs. 6000
GST = 7%
To Find:
Final Price
Solution:
The Final Price = Price + 7% of Price
\longrightarrow\sf{The\:Final\:Price=Price+\dfrac{7}{100}\times 6000}⟶TheFinalPrice=Price+
100
7
×6000
\longrightarrow\sf{The\:Final\:Price=Price+7 \times 60}⟶TheFinalPrice=Price+7×60
\longrightarrow\sf{The\:Final\:Price=Price+420}⟶TheFinalPrice=Price+420
\longrightarrow\sf{The\:Final\:Price=6000+420}⟶TheFinalPrice=6000+420
\longrightarrow{\green{\sf{The\:Final\:Price=6420}}}⟶TheFinalPrice=6420
\rule{200}2
The actual formula is:
CP = Buying price + Overhead expenses
\rule{200}2
Some other formulas and concepts:
Sales tax = Tax% of Bill Amount
GST = Goods and Services Tax
Discount = Discount% of Marked Price
\rule{200}4
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