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Some goods/services cost Rs 16,000 and ...

Some goods/services cost Rs 16,000 and rate of GST on them is 12%. Find the amount of bill, in case of:
intra-state transaction.

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The correct Answer is:
To solve the problem, we will follow these steps: ### Step 1: Identify the cost price and GST rate The cost price (CP) of the goods/services is given as Rs. 16,000 and the GST rate is 12%. ### Step 2: Calculate the GST amount To find the GST amount, we use the formula: \[ \text{GST Amount} = \left(\frac{\text{GST Rate}}{100}\right) \times \text{Cost Price} \] Substituting the values: \[ \text{GST Amount} = \left(\frac{12}{100}\right) \times 16,000 \] ### Step 3: Perform the multiplication Calculating the GST amount: \[ \text{GST Amount} = 0.12 \times 16,000 = 1,920 \] ### Step 4: Calculate the total amount of the bill The total amount of the bill is the sum of the cost price and the GST amount: \[ \text{Total Amount} = \text{Cost Price} + \text{GST Amount} \] Substituting the values: \[ \text{Total Amount} = 16,000 + 1,920 \] ### Step 5: Perform the addition Calculating the total amount: \[ \text{Total Amount} = 17,920 \] ### Final Answer The total amount of the bill in case of an intra-state transaction is **Rs. 17,920**. ---
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Find the amount for the following intra-state transaction.

Find the amount of bill for the following intra-state transaction of goods/services.

Knowledge Check

  • If a customer bought two items worth Rs. 450 and Rs. 200 at 20% and 10% discount respectively, then the amount of bill for the intra-state transaction, if the rate of GST is 18%, is:

    A
    Rs.662.20
    B
    Rs. 637.20
    C
    Rs. 657
    D
    Rs. 700
  • Assertion : Rita buys an article from Rajiv for Rs. 780. If they both live in the same city and the rate of GST is 10%, then the SGST paid by Rita is Rs.39. Reason: In case of intra-state transactions, CGST - SGST = (1)/(2) GST.

    A
    Both assertion and reason are correct and reason is the correct explanation of assertion.
    B
    Both assertion and reason are correct but reason is not the correct explanation of assertion.
    C
    Assertion is correct but reason is incorrect.
    D
    Assertion is incorrect but reason is correct.
  • If a customer bought three items worth Rs. 400, Rs. 500 and Rs. 700 at discounts 12%, 15% and 20% respectively, then the amount of bill for the inter-state transaction, if the rate of GST is 18%, is:

    A
    Rs.1,577.66
    B
    Rs.1,842.96
    C
    Rs.1,661.44
    D
    Rs.1,605.98
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    Find the amount of bill the following inter-state transaction of goods/services:

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    A dealer in Bhopal (MP) say X, supplies goods and services worth Rs 8,000 to a person Y in Indore (MP). If the rate of GST is 28%, then Find the amount after GST

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