Mathematics
The cost price of a TV set is ₹ 20,000. The shopkeeper marked it for ₹ 24,000. He sells it to a customer at a discount of 10% on the marked price. If the sale is intra-state and the rate of GST is 12%, find the:
(a) discounted price of the TV set.
(b) amount paid by the customer to clear the bill.
GST
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Answer
(a) Given,
Cost price of T.V. = ₹ 20,000
Marked price = ₹ 24,000
Discount = 10%
GST = 12%
Discount provided by shopkeeper = 10% of ₹ 24,000
=
= ₹ 2,400
Discounted price of the TV set = ₹ 24,000 - ₹ 2,400 = ₹ 21,600
Hence, discounted price of the TV set = ₹ 21,600.
(b) GST = 12% of 21,600
=
= ₹ 2,592
Total amount paid by customer = ₹ 21,600 + ₹ 2,592 = ₹ 24,192
Hence, amount paid by customer = ₹ 24,192.
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