Question

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Answer 1

Step-by-step explanation:

given: purchasing price= ₹1,40,000

gst @= 5%

input gst= 5% of purchasing price

=>5×1,40,000= ₹7,000

selling price= ₹2,10,000

gst @=12%

$\sf\red{ 12%\: of\: selling\: price }$

$= \frac{12}{100} ×2 10 500$

=> ₹25260

IGST payable= output GST - input GST

=25260- 7000

=> ₹18,260. <= ANS