Question

The price of an item is $ 20000 .the GST charged on it is at rate of 12% .find the amount that radhika will have to pay if she buys it.

Answer 1

Radhika will need to pay the price after GST has been added to it. So we first calculate GST then add it to the 20 000 amount. So :

20 000 × 12% = 2 400 (GST)

20 000 + 2 400 = $ 22 400.00

Therefore Radhika will pay $ 22 400.00 when she buys the product