Question

in mumbai a retailer sells article for 18000 if the rate of gst is 18% find the amount​

Answer 1

Finding the amount

Given: a retailer sells article for Rs. 18000 and the rate of GST is 18%

To find: the amount

Solution:

• On application of GST, the GST amount is
• = (original cost × GST%) / 100
• = Rs. (18000 × 18) / 100
• = Rs. 3240
• Thus the amount is
• = original cost + GST amount
• = Rs. (18000 + 3240)
• = Rs. 21240

Answer: The amount is Rs. 21240 .

Answer 2

Answer:

Given:

• In mumbai a retailer sells article for 18000 if the rate of GST is 18%.

Find:

• What is the amount.

Using formula:

• CP * R℅/100

Know terms:

1. Cost price = (CP).
2. Rate percentage = [GST (R℅)].
3. GST = (Goods service tax) .

Calculations:

⇢ 18000 * 18/100

⇢ 3240

Here, CP + GST = required amount.

⇢ CP + GST

⇢ 18000 + 3240

⇢ 21240 rupees.

Therefore, 21240 rupees is the required amount.