Mathematics
A dealer in Calcutta supplied the following goods/services to another dealer in Banaras. Find the total amount of bill :
Cost (in ₹) in Calcutta | Discount % | GST % |
---|---|---|
1050 | 18 | |
1750 | 18 | |
1100 | 25 | 18 |
1425 | 30 | 18 |
1725 | 40 | 18 |
GST
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Answer
We know that,
Discounted price = (100 - Discount)% × MRP
Cost (in ₹) in Calcutta | Discount % | GST % | Discounted price |
---|---|---|---|
1050 | 18 | 1050 | |
1750 | 18 | 1750 | |
1100 | 25 | 18 | 75% of 1100 = 825 |
1425 | 30 | 18 | 70% of 1425 = 997.50 |
1725 | 40 | 18 | 60% of 1725 = 1035 |
Total | 5657.50 |
As this is a inter-state transaction, hence IGST will apply.
IGST = 18% of 5657.50 = = 1018.35
Total amount = ₹ 5657.50 + ₹ 1018.35 = ₹ 6675.85
Hence, amount of bill = ₹ 6675.85
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