Question

Mr Pankaj took health insurance policy for his family and paid 900 rupees sgst find the total annual premium paid by him for his policy rate of GST been 18%​

Answer 1

Answer:

Rs 5000

Step-by-step explanation:

Let the amount insurance policy paid by Pankaj = Rs x

Given SGST that he paid = Rs 900

Given required percent of GST to be paid = 18%

Therefore, 18% 0f his policy amount is equal to the SGST paid

i.e., (18/100) x = 900

        18x = 90000

           x = 5000

Therefore, the total annual premium paid by him for his policy rate of GST 18% = x = Rs 5000

Answer 2

10000

Step-by-step explanation:

let total annual premium be x

GST=18%

SGST=900

therefore 18% of x = 900

x=900*100/9

x=10000

this is the correct answer