Home
Class 10
MATHS
The taxable value of mobile phone is 250...

The taxable value of mobile phone is 2500. Rate of GST is 12%. Then what is the price of the mobile for the cutomer?

Text Solution

AI Generated Solution

The correct Answer is:
To find the price of the mobile phone for the customer, we need to calculate the GST amount and then add it to the taxable value. Here’s a step-by-step solution: ### Step 1: Identify the taxable value and GST rate - The taxable value of the mobile phone is given as ₹2500. - The GST rate is given as 12%. ### Step 2: Calculate the GST amount - To find the GST amount, use the formula: \[ \text{GST Amount} = \text{Taxable Value} \times \left(\frac{\text{GST Rate}}{100}\right) \] - Plugging in the values: \[ \text{GST Amount} = 2500 \times \left(\frac{12}{100}\right) \] - Simplifying this: \[ \text{GST Amount} = 2500 \times 0.12 = 300 \] ### Step 3: Calculate the total price for the customer - Now, to find the total price that the customer has to pay, add the GST amount to the taxable value: \[ \text{Total Price} = \text{Taxable Value} + \text{GST Amount} \] - Substituting the values: \[ \text{Total Price} = 2500 + 300 = 2800 \] ### Final Answer - The price of the mobile phone for the customer is ₹2800. ---
Promotional Banner

Topper's Solved these Questions

  • FINANCIAL PLANNING

    TARGET PUBLICATION|Exercise Additional Problems For Practice(Based on Practice Set 4.2)|5 Videos
  • FINANCIAL PLANNING

    TARGET PUBLICATION|Exercise Additional Problems For Practice(Based on Practice Set 4.3)|9 Videos
  • FINANCIAL PLANNING

    TARGET PUBLICATION|Exercise MCQ|8 Videos
  • CO-ORDINATE GEOMETRY

    TARGET PUBLICATION|Exercise CHAPTER ASSESSMENT|19 Videos
  • GEOMETRIC CONSTRUCTIONS

    TARGET PUBLICATION|Exercise CHAPTER ASSESSMENT|3 Videos

Similar Questions

Explore conceptually related problems

Taxable value of Jacket is 1900. If the rate of GST is 12%. Then what is the price of the jacket for the customer.

The taxable value of a wristatch belt is Rs 586 The rate of GST is 18% Then what is the price of the belt for the customer?

A mobile phone charger is

The taxable value of LPG cylinder is Rs 590 and the rate of GST is 5% how much CGST is to be paid ?

Ayesha announced a festival discount of 25% on all the items in her mobile phone shop. Ramandeep bought a mobile phone for himself. He got a discount of Rs 1,960. What was the marked price of the mobile phone?

M/s X Electronics purchaed a mobile having some taxable value and sold it to a customer for Rs 10000 (taxable value ) The rate of GST is 12% M/s X Electronics paid SGST of Rs 60 what is the purchase price of the mobil for M/S x Electronics ?

A shopkeeper sold 5 mobiles such each worth Rupees 6100 at the taxable value of Rupees 7300 each. The rate of GST is 18%. Find the GST, CGST, SGST payable by the shopkeeper.

Percentage -wise disribution of the number of mobile phones sold by a shopkeeper during six months What is the ratio of the number of mobile phones sold of company B during July to those sold during December of the same company ?