Discount and GST

Q. Find the amount of bill for the following inter-state transaction of goods/services. The GST rate is 18%.

$\begin{array}{cccc}\text{Quantity (No. of Items)}& 35& 45& 20\\ \text{MRP of each item (in Rs.)}& 400& 600& 250\\ \text{Discount}\%& 10& 10& 20\end{array}$

1. ₹47240
2. ₹51464
3. ₹48262
4. ₹50228

Q.

Meeta saves $₹4000$ from her salary. If this is $10\%$ of her salary. What is her salary?

Q. The Marked Price of an article is ₹5000. A wholeseller sells it to a dealer at 10% discount. The dealer further sells it to a customer at 20% profit. If the rate of GST at each stage is 12%, find the net tax liability of the dealer to the Government.

1. ₹90
2. ₹108
3. ₹600
4. ₹5400

Q.

The price of an article is increased by $25\%$ by how much percent must this new value be decreased to restore it to its former value

Q.

Fill in the blanks to make the statement true: If the price of sugar is decreased by $20\%$, then the new price of $3kg$ sugar originally costing $₹120$ will be _________

Q. For the given Inter-state transactions, find the total amount of bill when GST rate is 18%.
$\begin{array}{cccc}\text{Quantity (No. of Items)}& 40& 50& 45\\ \text{MRP of each item (in Rs.)}& \text{500}& \text{600}& \text{400}\\ \text{Discount}\%& 15& 10& 20\end{array}$

1. ₹68912
2. ₹69214
3. ₹68702
4. ₹69402

Q. The Marked Price of a scooter is ₹40000. The dealer offers a discount of 15% on it. The scooter is then sold (with no additional profit) after charging a GST of 18% on it. Find the total amount paid by the buyer including GST.

1. ₹41240
2. ₹39860
3. ₹40120
4. ₹40480

Q. Marked price of an electric iron is ₹5, 200. A discount of 20% is offered on it and the GST being charged is 12%. What is the CGST (in ₹) being charged on the iron?

(Assume the sale to be intra-state)

1. ₹259.8
2. ₹244
3. ₹249.6
4. ₹238.4

Q. Read the given data and calculate the Total amount of GST being charged at a rate of 18%.
$\begin{array}{cccc}\text{Price of coffee (per kg in Rs)}& 50& 45& 60\\ \text{Quantity (in kgs)}& 18& 20& 15\\ \text{Discount}\%& 10& 15& 12\end{array}$

1. ₹428.56
2. ₹424.16
3. ₹426.06
4. ₹425.96

Q. A manufacturer in Gujarat manufactures a machine and marks it at ₹50000. He sells the machine to a wholesaler in Jharkhand at a discount of 20%. The wholesaler sells the machine to a dealer in West Bengal at a discount of 10% on the MP. If the rate of GST is 28%, find the tax paid by the wholesaler to the Central Government.

1. ₹1600
2. ₹1400
3. ₹1200
4. ₹2800

Q. Find the bill amount for the following inter-state transaction of goods/services. The GST rate is 12%.

$\begin{array}{cccc}\text{Quantity (No. of Items)}& 35& 45& 20\\ \text{MRP of each item (in Rs.)}& 400& 600& 250\\ \text{Discount}\%& 10& 10& 20\end{array}$

1. ₹44556
2. ₹44816
3. ₹46224
4. ₹45808

Q. Given is a table with cost of goods with their respective prices and discounts. Find the total amount paid for them if the GST rate is 18%.
$\begin{array}{ccccc}\text{MRP}& \text{₹}7200& \text{Rs.}8000& \text{₹}5400& \text{₹}6000\\ \text{Discount}\%& \text{20}& \text{30}& \text{40}& \text{50}\end{array}$

1. ₹19998
2. 21464
3. ₹20462
4. ₹20768

Q. Given is a table with cost of goods with their respective prices and discounts. Find the total amount paid for them if GST rate is 12%.
$\begin{array}{ccccc}\text{MRP}& \text{Rs.}7200& \text{Rs.}8000& \text{Rs.}5400& \text{Rs.}6000\\ \text{Discount}\%& \text{20}& \text{30}& \text{40}& \text{50}\end{array}$

1. ₹19712
2. ₹19224
3. ₹18962
4. ₹20112

Q. The following table shows the MRP of a few brands of motorcycles. If the GST charged on them is 12%, find the combined price after GST of the motocycles.

$\begin{array}{cccccc}\text{Brand}& \text{Brand}& \text{Hero}& \text{Honda}& \text{Royal}& \text{TVS}\\ & \text{Pulsar}& \text{Xtreme}& \text{Unicorn}& \text{Enfield}& \text{Apache}\\ & & & & \text{Bullet}& \\ \text{MRP(in Rs)}& \text{95000}& \text{110000}& \text{90000}& \text{180000}& \text{120000}\\ \text{Discount \%}& \text{10}& \text{20}& \text{25}& \text{10}& \text{30}\end{array}$

1. ₹554640
2. ₹544540
3. ₹545440
4. ₹565450

Q. The Marked Price of an article is ₹50000. A wholeseller sells it to a dealer at 10% discount. The dealer further sells it to a customer at 20% profit. If the rate of GST at each stage is 18%, find the net tax liability of the dealer to the Government.

Q.

Two friends invested in the ratio $17:23$ in a business. In the first year, they made a profit of $₹55000$. What will be the share of each one of them?If the profit is increased by $7\%$, then what will be the share of each of them?

Q.

$A$ bought a tape recorder for Rs $8,000$ and sold it to $B$. $B$ in turn sold it to $C$, each earning a profit of $20\%$. Which of the following is true:

1. $A$ and $B$ earn the same profit

2. $A$ earns more profit than $B$

3. $A$ earns less profit than $B$

4. Cannot be decided

Q. Marked price of a watch is ₹52000. A discount of 20% is offered on it and the GST being charged is 12%. What is the CGST being charged on the watch? (Assume the sale to be Intra state)

1. ₹2450
2. ₹2564
3. ₹2496
4. ₹2618

Q. The discount offered on an article marked at is 10%, if the GST charged on it is 18% and the final price including GST is ₹2124.

1. ₹2400
2. ₹1800
3. ₹2000
4. ₹2200

Q. A manufacturer in Gujarat manufactures a machine and marks it at ₹50000. He sells the machine to a wholesaler in Jharkhand at a discount of 20%. The wholesaler sells the machine to a dealer in West Bengal at a discount of 10% on the MP. If the rate of GST is 28%, find the tax paid by the wholesaler to the Central Government.
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