find the rate of gst if an article is marked at ₹5000and sold for₹5900 with process's
Share
find the rate of gst if an article is marked at ₹5000and sold for₹5900 with process's
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Original Marked Price = Rs. 5000
SP = Rs.5900
GST Added = 5900 - 5000
=> GST Added = Rs.900
GST % = GST Added/Marked Price x 100
=> 900/5000 x 100
=> 18%
Thus the rate of GST is 18%.
__________
Hope this helps ✌️
Answer: 18%
Step-by-step explanation
CP=5000₹
SP=5900₹
GST added= ₹(5900-5000)
₹900
GST%=GST added/MP*100
900/5000*100
9/5*10
9*2
18%