Question

laxmi electronic sold printer costing ₹8260 (with GST) to a customer for ₹ 10030 (with GST) the rate of GST is 18% find the taxable of printer in each case also the amount of CGST and SGST to be paid by electronic


plz give correct answer and don't give irrelevant answers otherwise I will report it so plzz guys give the answer fastly​

Answer 1

Step-by-step explanation:

Since we have given that

Cost price of printer including GST = Rs. 8260

Rate of GST = 18%

So, the value of printer before GST would be

100/100+18 × 8260 = 7000

If the selling price of printer with GST = Rs. 100360

So, the value of printer before GST would be

100/100+18 × 100360 = 8500

Hence, the cost price of printer would be Rs. 7000 and the selling price of printer would be Rs. 8500

Find the CGST:

GST = 18%

Purchased Price = 100 + 18 = 118%

118% = Rs 8260

1% =8260 ÷ 118 =  Rs 70

18% = 70 x 18 = Rs 1260

Find the SGST:

GST = 18%

Selling Price = 100 + 18 = 118%

118% = 10030

1% = 10030 ÷ 118 = Rs 85

18% = 85 x 18 = Rs 1530

CGST = 1260

SGST = 1530

Answer 2

Answer:

Step-by-step explanation:

Step-by-step explanation:

Since we have given that

Cost price of printer including GST = Rs. 8260

Rate of GST = 18%

So, the value of printer before GST would be

100/100+18 × 8260 = 7000

If the selling price of printer with GST = Rs. 100360

So, the value of printer before GST would be

100/100+18 × 100360 = 8500

Hence, the cost price of printer would be Rs. 7000 and the selling price of printer would be Rs. 8500

Find the CGST:

GST = 18%

Purchased Price = 100 + 18 = 118%

118% = Rs 8260

1% =8260 ÷ 118 =  Rs 70

18% = 70 x 18 = Rs 1260

Find the SGST:

GST = 18%

Selling Price = 100 + 18 = 118%

118% = 10030

1% = 10030 ÷ 118 = Rs 85

18% = 85 x 18 = Rs 1530

CGST = 1260

SGST = 1530