the cost of an item is rupees 1200. the customer has to pay additional 18% gst on the cost of this item find the gst paid by the costumer also find the total amount paid by the costumer
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➤ Given :-
Cost price :- ₹ 1200
GST percentage :- 18%
➤ To Find :-
GST amount and the total amount paid..............
➤ Solution :-
First, we should find the value of the GST in the numerical format by finding 18% of 1200.........
GST :-
Now,
Total amount :-
The GST amount is ₹ 216 and the total amount is ₹ 1416.
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Some related formulas :-
Profit :-
Loss :-
Profit percentage :-
Loss percentage :-
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More to know..............
- Profit and loss are obtained for all shopkeepers in their shops. The profit is obtained when the selling price is greater than cost price. The loss is obtained when the cost price is greater than selling price. The profit and loss can also be converted into percentage format by some mathematical formulas.
- To convert the profit to percentage from, first we should divide the profit and cost price and then multiply by 100.
- To convert the loss to percentage form, first we should divide the loss and cost price and then multiply by 100.
MrSanju0123:
Great :) ❤
Answered by
45
Answer:
- GST = R.S 216
- Total amount paid by the customer = R.S 1416
Explanation
- The cost of an item is rupees 1200
- The customer has to pay additional 18% GST on the cost of this item
- The GST paid by the costumer also find the total amount paid by the costumer
- First let's find GST.. Then after finding GST then we will add GST to the cost of Item
- To, find GST multiply the cost of the article with 18%.
- We know that % =
- So, we can write 18 % as
- So, GST = 18 % of 1200
- So, GST = 216
- So, Cost of the article after GST is added = Original price + GST
- 1200 + 216
- R.S 1416
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