4. The cost of an item is Rs. 5000 and after imposing GST, its cost becomes Rs. 5600. Calculate the rate of GST for thi

Question

4. The cost of an item is Rs. 5000
and after imposing GST, its cost
becomes Rs. 5600. Calculate the rate
of GST for this item.

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Lydia 3 weeks 2021-10-07T12:20:19+00:00 2 Answers 0 views 0

Answers ( )

    0
    2021-10-07T12:21:37+00:00

    Answer:

    12 of GST is added to cost

    0
    2021-10-07T12:22:14+00:00

    Answer:

    cost of item = Rs. 5000

    cost of item with GST = Rs. 5600

    GST = cost of item with GST – cost of item

    = Rs. 5600 – Rs. 5000

    = 600

    GST% = 600/5000 × 100

    = 12%

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