Home
Class 10
MATHS
A busniessman collected GST Rs 960 on s...

A busniessman collected GST Rs 960 on selling an article for Rs 8000 what is the rate of GST ?

A

0.28

B

0.18

C

0.12

D

0.05

Text Solution

Verified by Experts

The correct Answer is:
C
Promotional Banner

Similar Questions

Explore conceptually related problems

A trader collects GST at12% on an article costing Rs 1000 what is his output tax ?

Courier service agent charged Rs 108 on the taxable value of Rs 600 what is the rate of GST charged?

Rate of GST on a certain product is 14% , then what is the rate of CGST and SGST.

Nazama is a proprietor of firm registered under GST she has paid GST of Rs 12500 on puchase and collected Rs 14750 on sale what is the amouint of ITC to be clained ? What is the amount of GST payable ?

On certain article if the rate of CGST is 9% then what is the rate of SGST? What is the rate of GST?

A company provided Z security services for the taxable value of Rs 64500 Rate of GST is 18% company had paid GST of Rs 1550 for laundary services and uniformes etc what is the amount of ITC (Input Tax Credit ) find the amount of CGST and SGST payable by the company

When a person sells an article for Rs 1.200. he earns a profit that is equal to twice the amount of loss he would incur on selling the article for Rs 750. If he sells the article for Rs 925.20. then there is a:

Loss incurred by selling an article for Rs 600 is equal to profit gained by selling same article for Rs 1000 Find the cost price of this article?