Goods and Services Tax Class 10 ICSE Maths | GST Class 10 ICSE |
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Goods and Services Tax Class 10 ICSE Maths | GST Class 10 ICSE | @sirtarunrupani
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Commercial Mathematics
(i) Goods and Services Tax (GST)
Computation of tax including problems involving discounts, list-price, profit, loss, basic/cost price including inverse cases.
Candidates are also expected to find price paid by the consumer after paying State Goods and Service Tax (SGST) and Central Goods and Service Tax (CGST) - the different rates as in vogue on different types of items will be provided. Problems based on
corresponding inverse cases are also included.
Answers of GST from Selina Publications
Answers of the questions
1 rupees 26100
2 rupees 2160
3 rupees 7400
4 Rs 18260
5 i Rs 64800, ii Rs 66000 iii 1200
6 Rs 24000
7 i Rs 4435.2 , ii 237.6
8 i Rs 60480, ii Rs 16934.4 iii Rs 77414.4
9 Rs 1071
10 Rs 50000
11 Rs 1620
12
13 Rs 172044, Rs 109.35
14 Rs 50740, Rs 7740
15 Rs 4340, Rs 19840
16 Rs 2590, Rs 23680
17 Rs 102501, Rs 489160
18 Rs 214.5 , Rs 4504.5
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Answers of the questions
1 rupees 26100
2 rupees 2160
3 rupees 7400
4 Rs 18260
5 i Rs 64800, ii Rs 66000 iii 1200
6 Rs 24000
7 i Rs 4435.2 , ii 237.6
8 i Rs 60480, ii Rs 16934.4 iii Rs 77414.4
9 Rs 1071
10 Rs 50000
11 Rs 1620
12 _________
13 Rs 172044, Rs 109.35
14 Rs 50740, Rs 7740
15 Rs 4340, Rs 19840
16 Rs 2590, Rs 23680
17 Rs 102501, Rs 489160
18 Rs 214.5 , Rs 4504.5
Anyone who has done question no 12 please explain down below 😅
Let the list price or Marked price be ₹x.
A/Q,
x+(28x/100)=₹32000
》128x/100=32000
》x= (32000×100)/128
》x=₹25,000
Now,
Let the discounted price be y.
Therefore, A/Q,
y+(28y/100)=25000
》128y/100=25000
》y=(25000×100)/128
》y=₹19531.25.
Now,
(i)The amount of discount Vineeta got= Marked Price or (list price)- Discounted price
》₹25000-₹19531.25=₹5468.75
(ii)The amount of SGST on the discounted value of the mobile=14%of ₹19531.25
》(14×1953125)÷(100×100)
》₹2734.375
If you understood from my explanation then give back a reply😊 😊
Thankyou
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Sahi answer hai output gst = 72000/- as 250000 +150000 is equivalent to 400000 so 18 percent for 400000 not for 300000😅😅😅