. The list price of an article Rs.16925. If GST charged is 12% the amount paid for purchasing it is = Rs
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Answer:
Rs. 18956
Step-by-step explanation:
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The amount paid for purchasing the article is Rs.18,956
Given:
The list price of an article Rs.16925
GST charged is 12%
To find:
The amount paid for purchasing the article.
Solution:
Step 1 of 2:
The list price of an article Rs.16925
GST charged is 12%
Amount paid for GST = × Cost price
Cost price = Rs.16925
GST% = 12
Amount paid for GST = ×16925
Amount paid for GST = Rs. 2031
Step 2 of 2:
Selling price of the article = Cost price + Amount paid for GST
Cost price = Rs.16925
Amount paid for GST = Rs. 2031
Selling price of the article = 16925 + 2031
Selling price of the article = Rs.18,956
The amount paid for purchasing the article is Rs.18,956
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