Home › ICSE Class 10 › mathematics › Value Added Tax › Cost price Rs 1500 plus 12% GST. Total amount pa…
Cost price Rs 1500 plus 12% GST. Total amount payable is
ARs 1500
BRs 1620
CRs 1700
DRs 1680
Answer & Solution
Correct answer: D. Rs 1680
1. GST = 12% of 1500 = Rs 180.
2. Total = cost + GST.
3. = 1500 + 180.
4. = Rs 1680.
_Source: Selina Concise Mathematics Class 10, Ch on Value Added Tax / GST (Mistral OCR'd PDF), section on total amount_
Related questions
Shopkeeper sells an article at Rs 4480 inclusive of 12% GST. Taxable value isTrader buys at Rs 10000 + 5% GST and sells at Rs 11000 + 5% GST in same state. Net GST paySelling price including 18% GST is Rs 2360. The price excluding GST isRestaurant bill Rs 1200 with 5% GST. Total payable isShopkeeper buys at Rs 4000 + 12% GST and sells within state at Rs 5000 + 12% GST. Net SGSTMarked price Rs 20000, discount 15%, then 18% GST. Amount payable isChennai dealer sells goods worth Rs 6000 to a Bengaluru dealer at 28% GST. IGST isTwo articles cost Rs 800 and Rs 1200 each at 5% GST. Total amount payable is