Mathematics
The marked price of an article is ₹ 1,000, which is available at a discount of 20% with GST rate 12%.
Assertion (A): The GST on the sale = 12% of discounted value.
Reason (R): The GST on the transaction = (100 - 20 + 12)% of marked price.
A is true, R is false.
A is false, R is true.
Both A and R are true and R is the correct reason for A.
Both A and R are true and R is the incorrect reason for A.
GST
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Answer
Option 1 is the correct option.
Reason
Given, MP = ₹ 1,000
Discount = 20%
GST = 12%
Discount = 20% of ₹ 1,000
= x 1,000 = ₹ 200
Price after discount = ₹ 1,000 - 200 = ₹ 800
GST on the discounted price = 12% of price after discount
= x 800 = ₹ 96
∴ Assertion (A) is true.
The GST on the transaction = (100 - 20 + 12)% of marked price
= 92% of marked price
= x 1,000 = ₹ 920
As, ₹ 96 ≠ ₹ 920
∴ Reason (R) is false.
Hence, A is true, R is false.
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