Question

Raman purchase a music system at 48000 including gst if the cp of music system was 40000 what is the gst in percent has paid​

Answer 1

Answer:

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Value Added tax=₹48000

Value without tax =₹40000

GST =48000-40000 = 8000

GST%=GST/Value without GST×100

GST% = 8000/40000×100

GST =20% answer

Answer 2

Selling Price of music system=₹48000

Selling Price without GST = ₹40000

Extra GST = ₹8000

Percentage of GST = 8000/40000 ×100

= 20%

Your answer is 20%

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