Question

Viki purchased 200 shares of MV rs80. Brokerage
paid at the rate of 0.5% and the rate of GST on brokerage
IS 18%. Find the total amount he paid for the purchase of shares​

Answer 1

Answer:

Rate of GST = 12% (Given)

Now,

Rate of CGST = Rate of SGST

Also,

Rate of CGST + Rate of SGST = Rate of GST

⇒ 2 × Rate of CGST = 12%

⇒ Rate of CGST = 6%

∴ Rate of SGST = 6%

Answer 2

Answer 0.5% on ₹80

0.5/100×80= 0.4

Brokerage = 0.4 ₹

GST on bokergae = 18% of 0.4

= 18/100×0.4= 7.2/100= 0.072

= 0.4+0.072= 0.472

Share× m.v= 200× 80= 16000

16000+ 0.472= 16000.472

Step-by-step explanation: