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The list price of an air - conditioner i...

The list price of an air - conditioner is rs. 40,000. The shopkeepar gives a discount of `15%` on the listed price. The tax rate for it is `28%`. Calculate the tax charged by the shopkeeper and the total amount (including tax) the customer has to pay.

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To solve the problem step by step, we will follow these calculations: ### Step 1: Calculate the Discount Amount The discount given by the shopkeeper is 15% of the list price. - **List Price (LP)** = Rs. 40,000 - **Discount Rate (D)** = 15% **Discount Amount (DA)** = (D/100) × LP = (15/100) × 40,000 = 0.15 × 40,000 = Rs. 6,000 ### Step 2: Calculate the Price After Discount Now, we will subtract the discount amount from the list price to find the price after discount. **Price After Discount (PAD)** = LP - DA = 40,000 - 6,000 = Rs. 34,000 ### Step 3: Calculate the Tax Amount The tax rate is given as 28%. We will calculate the tax on the price after discount. - **Tax Rate (T)** = 28% **Tax Amount (TA)** = (T/100) × PAD = (28/100) × 34,000 = 0.28 × 34,000 = Rs. 9,520 ### Step 4: Calculate the Total Amount Payable Finally, we will add the tax amount to the price after discount to find the total amount payable by the customer. **Total Amount (TA)** = PAD + TA = 34,000 + 9,520 = Rs. 43,520 ### Final Answer - **Tax Charged** = Rs. 9,520 - **Total Amount Payable** = Rs. 43,520 ---
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ICSE-GST [GOODS AND SERVICES TAX] -Exercise 1(B)
  1. The list price of an air - conditioner is rs. 40,000. The shopkeepar g...

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  2. Fill in the blanks : When the goods/services are sold for Rs. 15,000...

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  3. Goods/services are sold from Agra (U.P.) to Kanpur (U.P.) for Rs. 20,0...

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  4. Goods/services are sold from Agra (U.P.) to Kanpur (U.P.) for Rs. 20,0...

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  5. Goods/services are sold from Kota (Rajasthan) to Mumbai for Rs. 20,000...

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  6. A is a dealer in Banaras (UP). He supplies goods/services worth Rs. 8,...

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  7. A is a dealer in Meerut (UP). He supplies goods/services, worth Rs. 15...

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  8. A is a dealer in Meerut (UP). He supplies goods/services, worth Rs. 15...

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  9. A dealer X in Hapur (UP) supplies goods/services, worth Rs. 50,000 to ...

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  10. A dealer X in Hapur (UP) supplies goods/services, worth Rs. 50,000 to ...

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  11. Consultancy services, worth Rs. 50,000 are transferred from Delhi to C...

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  12. Consultancy services, worth Rs. 50,000 are transferred from Delhi to C...

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  13. Consultancy services, worth Rs. 50,000 are transferred from Delhi to C...

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  14. For a dealer A, the list price of an article is Rs. 9,000. which he se...

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  15. The marked price of an article is Rs. 6,000. A wholesaler sells it to ...

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  16. A is a manufacturer fo T.V. sets in Delhi. He manufactures a particula...

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  17. For a trader, marked price of a refigerator = Rs. 15,680 exclusive GST...

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