Mathematics
A shopkeeper bought an article from a dealer at ₹ 1,000. He sold it to the customer at ₹ 1,200. If the rate of GST is 12%, then :
(i) GST paid by the dealer is :
₹ 120
₹ 240
₹ 144
₹ 288
(ii) The amount paid by the customer to buy the item is :
₹ 1,200
₹ 1,300
₹ 1,344
₹ 1,350
GST
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Answer
(i) Given,
A shopkeeper bought an article from a dealer at ₹ 1,000.
Rate of GST = 12%
GST charged by dealer = = ₹ 120.
This will be the GST paid by dealer to government.
Hence, option 1 is the correct option.
(ii) Given,
Shopkeeper sells the article to the customer for ₹ 1,200.
GST = = ₹ 144.
Amount paid by customer = ₹ 1,200 + ₹ 144 = ₹ 1,344.
Hence, option 3 is the correct option.
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