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Mathematics

For an Intra-state sale, the CGST paid by a dealer to the Central government is ₹120. If the marked price of the article is ₹2000, the rate of GST is:

  1. 6%

  2. 10%

  3. 12%

  4. 16.67%

GST

ICSE 2024

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Answer

CGST% = CGSTM.P.×100\dfrac{CGST}{M.P.} \times 100

Substituting values we get :

CGST% = 1202000×100\dfrac{120}{2000} \times 100 = 6%

GST% = 2 × CGST% = 2 × 6% = 12%.

Hence, Option 3 is the correct option.

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