Mathematics
For a trader, marked price of a refrigerator = ₹ 15,680 exclusive of GST, (GST is 12%). Gagan, a customer for this refrigerator, asks the trader to reduce the marked price of the refrigerator to such an extent that its reduced price plus GST on it is equal to marked price of the refrigerator. Find the required reduction.
Related Questions
A dealer X in Hapur (UP) supplies goods/services, worth ₹ 50,000 to some other dealer Y in the same city. Now the dealer Y supplies the same goods/services to dealer Z in Calcutta at a profit of ₹ 20,000. Find :
(i) Output and input taxes for the dealer Y
(ii) Net GST payable by dealer Y.
[The rate of GST at each stage is 28%]
Consultancy services, worth ₹ 50000 are transferred from Delhi to Kolkata at the rate of GST 18% and then Kolkata to Nainital (with profit = ₹ 20000) at the same rate of GST. Find the output tax at
(i) Delhi
(ii) Kolkata
(iii) Nainital
A retailer purchased an item for ₹ 8000 from a wholesaler and sells to a customer at 15% profit. The sales are intra-state and the rate of GST is 10%. The amount of GST paid by the customer is :
₹ 460
₹ 920
₹ 1840
₹ 92
The cost of certain services is ₹ 10,000, excluding GST = ₹ 1800. The rate of GST is :
12%
5%
18%
28%