Question

please answer with solution​

Answer 1

Answer:

Option (c) is correct

Step-by-step explanation:

Given that Rajesh bought an AC for ₹38,500 (GST of 10% is included in the price.) We are asked to find the price of AC before GST.

Let's assume that the price of AC be x (without GST).

Amount of GST will be 10% of x => x/10.

Now according to the question:

⇒ x/10 + x = 38,500

⇒ 11x/10 = 38,500

⇒ x = 38,500 × 10/11

⇒ x = 35,000

Therefore the price of AC before GST is 35,000.

Learn more:

The full form of GST is Goods and Services Tax. It is a type of indirect tax which is applicable when we consume goods or services. It is a value added tax. It has been replaced by many custom duties and additional taxes.

There are three categories of GST:-

• CGST - Central Goods and Services Tax (levied on intra-state (within state sale)).
• SGST - State Goods and Services Tax (levied on intra-state sales)
• IGST - Integrated Goods and Services Tax (levied on inter-state (outside state) sale)

Note: The total GST in an intra-state sales comprises of both CGST and SGST where CGST = SGST and CGST + SGST = GST.