UJUMUI Nas to pay for the goods.
1. Anil went to a shop to buy a bicycle costing 10,620.
The rate of CGST is 9%. He asks the shopkeeper to
reduce the price of the bicycle to such an extent so
that he has to pay 10,620 inclusive GST. Find the
reduction needed in the price of the bicycle.
1
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Answer:
955.8
Step-by-step explanation:
selling price of bicycle including GST:
= 10620 + 9% of 10620
= 10620(1+9/100)
=10620(109/100)
=10620×1.09
=11,575.8
selling price of bicycle reduce
the amount is:
= 10,620
=11575.8-10620
=955.8
therefore reduce the amount is Rs.955.8
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