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Mathematics

The marked price of a refrigerator is ₹ 12,000 and GST paid by the customer is ₹ 2,160. The rate of GST is:

  1. 5%

  2. 12%

  3. 18%

  4. 28%

GST

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Answer

Let rate of GST be x.

Given,

Marked price of refrigerator = ₹ 12,000

GST paid = ₹ 2,160

GST amount = Rate100\dfrac{\text{Rate}}{100} × Marked price

⇒ 2160 = x100\dfrac{x}{100} × 12000

⇒ 2160 = 120x

⇒ x = 2160120\dfrac{2160}{120}

⇒ x = 18%

Hence, option 3 is the correct option.

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