Advertisements
Advertisements
प्रश्न
Sold goods of ₹ 1,00,000 at 10%. Trade Discount and 10% cash discount to Ram and received 50% amount by cheque. Calculate the amount of cheque received.
उत्तर
Trade discount = `1,00,000xx10/100` ( Trade Discount = 10% given)
=10,000
Net bill amount = Invoice price - T.D
1,00,000 - 10,000 = 90,000
Cash Discount = 10% of 90000 = `90000xx 10/100=9000`
Net bill amount after cash discount = 90000 - 9000 = Rs. 81000
50% amount received by cheque = `81,000xx50/100 `= Rs. 40,500
APPEARS IN
संबंधित प्रश्न
Answer in One Sentence:
What is GST?
Answer in One Sentence:
In which year GST was imposed by the Central Government of India?
Give one word/term or phrase for the following statement:
The tax imposed by Central Government on Goods and Services
Give one word/term or phrase for the following statement:
Tax payable to the Government on purchase of goods.
Give one word/term or phrase for the following statement:
Page number of the ledger.
Correct the following statement and rewrite the statement:
GST is imposed by the Government of India from 1st July 2018.
Janhavi Gas Agency purchased some gas cylinders for Rs. 500000 and sold them to the customers for Rs. 590000. Find the amount of GST payable and the amount of ITC 5% GST is applicable.
A company dealing in mobile phones purchased mobile phones worth Rs500000 and sold the same to customers at Rs.6,00,000. Find the amount Of ITC and the amount of GST if the rate of GST is 12%.
Heena Enterprise sold cosmetics worth Rs. 25000 to Leena traders, a retailer. Leena Traders sold it further to Meena Beauty Products for Rs. 30000. Meena Beauty Product sold it further to the customers for Rs. 40000. The rate of GST is 18%
Find
i) GST Payable by each party
ii) CGST and SGST
Two friends ‘Aditi’ and ‘Vaishali’ went to a restaurant. They ordered 2 Masala Dosa costing Rs. 90 each 2 coffee costing Rs.60 each and 1 sandwich costing Rs. 80. If GST is charged at 5% Find the Total amount of the bill including GST.
‘Chitra furnishings’ purchased tapestry (curtain cloth) for Rs. 2800000 and sold for Rs.4480000 Rate of GST is 5%.
Find,
i) Input Tax
ii) Output Tax
iii) ITC
iv) CGST and SGST
GST stands for ______,______,______.
What are the functions of the GST council?
Do you agree or disagree with following statement:
GST stands for Goods and Sales Tax.
Purchased Motor Car from Tata & Company worth ₹ 2,00,000 at 18% GST. Find out GST amount.
Paid Transport charges ₹ 10,000 @ 5% GST. Calculate CGST & SGST.
Bought goods from Ranjan ₹ 10,000 @ 5% GST and 10% cash discount. Calculate cash discount.
Received cheque of ₹ 90,000 from Kiran in full settlement of his account ₹ 1,00,000/-. Calculate discount rate.
