Sameer purchased a pair of shoes 1344 including GST. if the sale price of the shoes is 1200 then the rate of GST is ?
relevant answers please
Answers
Answered by
20
Answer:
12 %
Step-by-step explanation:
1344-1200=144
144/1200*100= 12%
Answered by
6
Given,
Cost of pair of shoes including GST = Rs. 1344
The sale price of pair of shoes = Rs. 1200
To Find,
Rate of GST =?
Solution,
Cost of pair of shoes including GST = Rs. 1344
The sale price of pair of shoes = Rs. 1200
GST applied = 1344 - 1200
GST applied = Rs. 144
Rate of GST = (GST applied / Sale price) *100
Rate of GST = (144 / 1200)*100
Rate of GST = 144 / 12
Rate of GST = 12%
Hence, the rate of GST is 12%.
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