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Question
The following bill shows the GST rates and the marked price of articles A and B.
| Articles | Marked price | Rate of GST |
| A | ₹ 1,000 | 5% |
| B | ₹ 2,000 | 12% |
The total amount to be paid for the above bill is:
Options
₹ 490
₹ 290
₹ 3,290
₹ 3,510
MCQ
Solution
₹ 3,290
Explanation:
Market price of an article A = ₹ 1000
Rate of GST = 5%
GST = 5% of ₹ 1000
= `(5/100 xx 1000)`
= ₹ 50
∴ Amount paid for Article A
= ₹ 1000 + ₹ 50
= ₹ 1050
Marked price of an article B = ₹ 2000
Rate of GST = 12%
GST = 12% of ₹ 2000
= `(12/100 xx 2000)`
= ₹ 240
∴ Amount paid for an article B
= ₹ 2000 + ₹ 240
= ₹ 2240
∴ Amount to be paid for above bill
= ₹ 1050 + ₹ 2240
= ₹ 3290
shaalaa.com
Gst Tax Calculation
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