Question

Mr sawant purchased a machine for rupees 8850 (with GST) & sold it to the customer for rupees 10030 (with GST). rate of GST is 18% find the amount of CGST & SGST to be paid by Mr sawant?

Answer 1

Actual price of Machine (Without GST)=X Rs

X×118/100=8850

X= 7500

Cost GST ( CGST) = 8850-7500=1350


Mr Sawant sold it at 10030.

so Sell GST = Selling P - Cost Price

(SGST) = 10030-8500=1530 Rs.

$cgst = 1350 \: rupees \: \: sgst = 1530 \: rupees$

Answer 2

Answer:

CGST = Rs 1350

SGST = Rs 1530

Step-by-step explanation:

Given : Machine purchased = Rs.8850(with GST)

Machine sold = Rs.10030 (with GST)

Rate of GST = 18%

To find : Amount of CGST & SGST to be paid

Find the CGST :

let x be the original price then to find CGST on the purchased price

The total amount is x(actual price)+18%(of the actual price)=Price(with GST)

x+18%(x)=8850

x+0.18x=8850

ie, x(1+0.18)=8850

1.18x=8850

∴ x=8850/1.18

x=7500

CGST= Price(with GST-without GST)=8850-7500=1350

Amout of CGST to be paid = 1350

Find the SGST:

let y be the original price then to find SGST on the purchased price

The total amount is y(actual price)+18%(of the actual price)=Price(with GST)

y+18%(y)=10030

y+0.18y=10030

ie, y(1+0.18)=10030

1.18x=10030

∴ y=8500

CGST= Price(with GST-without GST)=10030-8500=1530

Amout of SGST to be paid = 1530

Answer: The CGST is Rs 1350 and the SGST is Rs 1530