Question

Mr Patel purchase an almirah for ₹4536 including good and service tax GST is the market price of the almirah is₹ 4200 find the rate of GST.​

Answer 1

$\large\underline{ \underline{ \sf \maltese{ \: Question:- }}}$

• Mr Patel purchase an almirah for ₹4536 including good and service tax GST is the market price of the almirah is ₹ 4200 find the rate of GST.

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$\large\underline{ \underline{ \sf \maltese{ \: Given:- }}}$

• Marked Price = ₹4200 ( mp )
• Net selling price = ₹4536 (sp)

$\large\underline{ \underline{ \sf \maltese{ \: To \: Find:- }}}$

• Rate of GST ( goods and services tax )

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$\large\underline{ \underline{ \sf \maltese{ \: Solution:- }}}$

$\begin{gathered}\begin{gathered}: \implies \underline\purple{ \boxed{\displaystyle \sf \bold\green{\:GST \: = \: SP \: - \: MP }} }\\ \\\end{gathered}\end{gathered}$

$\begin{gathered}\begin{gathered}{:} \longrightarrow \displaystyle \sf \: 4536 \: - \: 4200 \: \\ \\ \\\end{gathered}\end{gathered}$

$\qquad\quad {:} \longrightarrow \underline \red{\boxed{\sf{GST \: = \: ₹336 }}}$

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$\begin{gathered}\begin{gathered}: \implies \underline\purple{ \boxed{\displaystyle \sf \bold\green{\:Rate \: of \: GST \: = \: \frac{GST}{MP} \: \times \: 100 }} }\\ \\\end{gathered}\end{gathered}$

$\begin{gathered}\begin{gathered}{:} \longrightarrow \displaystyle \sf \: Rate \: = \: \frac{336}{42\cancel{0}\cancel{0} } \: \times \: 1 \cancel{0}\cancel{0} \\ \\ \\\end{gathered}\end{gathered}$

$\qquad\quad {:} \longrightarrow \underline \red{\boxed{\sf{Rate \: of \: GST\: = \:8\% }}}$

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$\begin{gathered}\begin{gathered}\qquad \therefore\: \sf{ Rate\:of \: GST= \underline {\underline{ 8\% }}}\\\end{gathered}\end{gathered}$

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