Question

If a product cost Rs. 22500 including 18% gst, find the actual price of gst​

Answer 1

Answer:

GST Calculation Formula:

1. Add GST: GST Amount = (Original Cost x GST%)/100. Net Price = Original Cost + GST Amount.
2. Remove GST: GST Amount = Original Cost – [Original Cost x {100/(100+GST%)}] Net Price = Original Cost – GST Amount.