मराठी

Renna buys certain goods for ₹ 4,000 and sells them to Ashok at a profit of ₹ 500. If Ashok does not sells the goods further and rate of GST = 5%, the output GST for Ashok is ______. - Mathematics

Advertisements
Advertisements

प्रश्न

Renna buys certain goods for ₹ 4,000 and sells them to Ashok at a profit of ₹ 500. If Ashok does not sells the goods further and rate of GST = 5%, the output GST for Ashok is ______.

पर्याय

  • ₹ 225

  • ₹ 175

  • ₹ 25

  • ₹ 00

MCQ
रिकाम्या जागा भरा

उत्तर

Renna buys certain goods for ₹ 4,000 and sells them to Ashok at a profit of ₹ 500. If Ashok does not sells the goods further and rate of GST = 5%, the output GST for Ashok is ₹ 25.

Explanation:

Cost price of certain goods for Renna = ₹ 4000

Profit = ₹ 500

Input GST = 5% of ₹ 4000

= `₹(5/100 xx 4000)`

= ₹ 200

Selling price of certain goods by Renna to Ashok = C.P + Profit

= ₹ 4000 + ₹ 500

= ₹ 4500

Rate of GST = 5%

∴ Output GST = 5% of ₹ 4500

= `(5/100 xx 4500)`

= ₹ 225

∴ Output GST Ashok = Output GST – Input GST

= ₹ 225 – ₹ 200

= ₹ 25

shaalaa.com
Gst Tax Calculation
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?

संबंधित प्रश्‍न

For the following transaction within Delhi, fill in the blanks to find the amount of bill:

MRP = ₹ 12,000

Discount % = 30%

GST % = 18%

Discount = ______

Selling price (discounted value) = ______

CGST = ______

SGST = ______

IGST = ______

Amount of Bill = ______


A is a dealer in Banaras (U.P.). He supplies goods/services worth Rs. 8,000 to a dealer B in Agra (U.P.). Dealer B, in turn, supplies the same goods/services to dealer C in Patna (Bihar) at a profit of Rs. 1,200. Find the input and output taxes for the dealer C under the GST system if the rate of GST is 18% and C does not sell his goods/services further.


A is a dealer in Meerut (U.P.). He supplies goods/services, worth Rs. 15,000 to a dealer B in Ratlam (M.P.). Dealer B, in turn, supplies the same goods/services to dealer C in Jabalpur (M.P.) at a profit of Rs. 3000. If rate of tax (under GST system) is 18%, find:

  1. The cost (excluding GST) of goods/services to the dealer C in Jabalpur (assuming that the dealer C does not sell the goods/services further).
  2. Net tax payable by dealer B.

The marked price of an article is Rs. 6000. A wholesaler sells it to a dealer at 20% discount. The dealer further sells the article to a customer at a discount of 10% on the marked price. If the rate of GST at each stage is 18%, find the amount of tax (under GST) paid by the dealer to the government.


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 ______.


The following bill shows the GST rate and the marked price of articles:

Rajdhani Departmental Store
S.No. Item Marked
Price
Discount

Rate of
GST
(a) Dry fruits (1 kg) ₹ 1200 ₹ 100 12%
(b) Packed Wheat flour (5 kg) ₹ 286 Nil 5%
(c) Bakery products ₹ 500 10% 12%

Find the total amount to be paid (including GST) for the above bill.


The marked price of an article is ₹ 1,500 and discount on it is 20%. How much money will be paid for this article, if rate of GST is 18%?


A retailer purchased an item for ₹ 8,000 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 ______.


A retailer purchased an item for ₹ 8,000 from a wholesaler and sells to a customer at 15% profit. The sales are inter-state and the rate of GST paid by the customer is 10%. The amount of GST paid by the customer is ______.


A shopkeeper sells an A.C. to Ms. Alka for ₹ 31,200 including GST at the rate of 28%. If the shopkeeper and Ms. Alka both are from the same city, find for the shopkeeper:

  1. total amount of GST
  2. taxable value of A.C.
  3. amount of CGST
  4. amount of SGST

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×