Question

THE SELLING PRICE OF A CAMERA WITHOUT GST IS RS1600 AND WITH GST IS RS 1680. FIND THE RATE OF GST​

Answer 1

Answer:

80

Step-by-step explanation:

the selling price with GST - the selling price

= 1680 -1600

= 80

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Answer 2

Rate of GST = 0.05 or 5%

Step-by-step explanation:

Given:

Without GST price = 1,600

With GST price = 1,680

GST rate = ?

Computation of amount of GST :

Amount of GST = With GST price - Without GST price

Amount of GST = 1,680 - 1,600

Amount of GST = 80

Computation of rate of GST :

Rate of GST = Amount of GST / Without GST price

Rate of GST = 80 / 1600

Rate of GST = 0.05 or 5%

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