sunil manufacture an article in Rajasthan and sold it at rs 10, 000 to manish in assam.. if the rate of igst is 18% , calculate the cost of article in assam
please solve from gst method...
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Given:
Sunil manufacture an article in Rajasthan and sold it at Rs 10, 000 to Manish in Assam
TO find:
The cost of the article in Assam
Solution:
Let the CP of the article in the Assam is 100 units
The given article is sold in Assam so the given price will include the rate of the igst as well.
So the SP of the article must be 118 units
here we have given the SP as ₹10000
so by the unitary method
- 118 units -------- ₹10000
- 1 unit ------------- ₹10000/118
- 100 unit ------------- ₹ 8474.58
so,
The cost of the article in Assam is ₹ 8474.58
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