Question

VIAUK MARKS: 50
Marks : 3
Q1: A shopkeeper buys goods worth 4000 and sells these at a profit of 20
% to a consumer in the same state. If GST is charged at 5%,CGST paid by
consumer is​

Answer 1

Answer:

i ) Selling price = 120% of 4000

= 120* 4000/100

= Rs 4800

ii) CGST=2.5 *4800/100

=Rs . 120

iii)SGST = 2.5* 4800/100

=Rs. 120

lV) total amount = 4800+120+120

= Rs. 5, 080

I hope you got it