sonam purchased a geyser for 4704 including gst if the original price of the geyser is 4200 find the rate of gst
Answers
Answered by
43
Here Price before VAT = ₹4200
Price after VAT = ₹4704
VAT = ₹4704 - ₹4200
VAT = ₹504
VAT% = (VAT/Price before VAT) x 100
= (504/4200) x 100
=12%
Therefor rate ofVAT is 12% on CP
Answered by
15
Answer:
12%
Step-by-step explanation:
the price of geyser including GST 4704
--
the price of geyser excluding GST 4200
---------
GST = 0504
SO THE RATE OF GST IS EQUAL TO
504 ÷ 4200 ×100 == 12%
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