Mathematics
Find the amount for the following transaction of goods/services within Gujarat :
| MRP (in ₹)/ item | Number of items | GST% |
|---|---|---|
| 300 | 40 | 12 |
| 600 | 50 | 12 |
| 480 | 70 | 18 |
GST
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Answer
This is an intra-state transaction.
GST = CGST + SGST
We know, SGST = CGST
| MRP (in ₹)/ item | Number of items | Total cost of whole quantity (in ₹) | GST % | CGST (in ₹) | SGST (in ₹) | Amount (MRP + CGST + SGST) (in ₹) |
|---|---|---|---|---|---|---|
| 300 | 40 | 12000 | 12 | 6% of 12000 = 720 | 720 | 12000 + 720 + 720 = 13440 |
| 600 | 50 | 30000 | 12 | 6% of 30000 = 1800 | 1800 | 30000 + 1800 + 1800 = 33600 |
| 480 | 70 | 33600 | 18 | 9% of 33600 = 3024 | 3024 | 33600 + 3024 + 3024 = 39648 |
| Total | ₹ 86688 |
Hence, amount of bill = ₹ 86688.
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