Raman purchase insecticide for his farm 23600 including GST if the cost price of the insecticide was 20000 how much GST percent he has paid
Answers
Answered by
8
Pls mark as brainliest answer
Attachments:
![](https://hi-static.z-dn.net/files/dfe/281f0904b6fd8ecfda97c8481adfa25a.png)
Answered by
5
Answer:
The GST percent paid was 18%.
Step-by-step explanation:
since the product was purchased at 23,600 including GST,
which means GST paid is 3,600. ( How? 23,600 - 20,000 = 3,600 )
Now to find the GST paid in Percent, just Divide the amount paid by Cost price.
3,600/20,000 x 100 => 0.18 x 100 = 18% ( ANSWER )
Presentation Tip:
Always use the thousand separator in amounts. Like ( 20000 => 20,000)
This shades a good impression on the examiner.
Good Luck!
Similar questions