Sheetal buys an article for 1120 whose market price is 1000. How much GST does she pay? Also , calculate the rate of GST
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Answer:
she pays 12%of GST for an article whose worth is 1000 rupees
Step-by-step explanation:
We can find this type percentage by TRAIL AND ERROR METHOD
First considering 1000*(18/100)
which is equal to 180 rupees,which is not correct
1000+180=1180
hence,
doing it by 12%
we get 1000*(12/100)
which is equal to 1000+120=1120
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