Real Life Scenarios Based on GST

Q.

An article is marked at ₹ 15000. A dealer sells it to a consumer at 10% profit. If the rate of GST is 12%, find:

(i) The selling price (excluding tax) of the article.

(ii) The amount of tax (under GST) paid by the consumer.

(iii) The total amount paid by the consumer.

Q. The MP of an article = ₹900 and rate of GST on it is 18%. A shopkeeper buys this article at a reduced price and sells it at its marked price. If the shopkeeper pays ₹16.2 as CGST to the government as part of his net tax liability, find the amount (exclusive of GST) paid by the shopkeeper.

1. ₹740
2. ₹760
3. ₹700
4. ₹720

Q.

A $12\%$ stock yielding $10\%$ is quoted at:

1. Rs. 120

2. Rs. 110

3. Rs. 112

4. Rs. 83.33

Q. An article is sold from Jodhpur(Rajasthan) to Indore(MP) for ₹ 8000 and then from Indore to Bhopal(MP). If the rate of tax under GST is 12% and the Profit made by the dealer in Indore is ₹2000 , then find the Net GST payable by the dealer in Indore.

1. ₹180
2. ₹120
3. ₹240
4. ₹150

Q.

Question 4

Kirti Bookstore sold books worth ₹ 2, 85, 891 in the first week of June and books worth ₹ 4, 00, 768 in the second week of the month. How much was the sale for the two weeks together? In which week was the sale greater and by how much?

Q. Mrs. Pandey paid ₹990 each as SGST on the health insurance premium she paid for her family of 4 members including herself. What was the total premium she paid excluding GST if the rate of GST was 18%.

1. ₹40000
2. ₹36000
3. ₹44000
4. ₹54000

Q.

In order to obtain an income of Rs. 650 from $10\%$ stock at Rs. 96, one must make an investment of:

1. Rs. 6900

2. Rs. 6500

3. Rs. 3200

4. Rs. 6240

Q. An expensive wrist watch was being sold at ₹58240 in Delhi. The watch had been bought from Jaipur(Rajasthan) at ₹52000. What was the IGST% charged?

(Assume no additional profit is being made in Delhi sale)

1. 18%
2. 9%
3. 12%
4. 28%

Q. Anna Patil (Thane, Maharashtra) supplied vacuum cleaner to a shopkeeper in Vasai (Mumbai) for the taxable value of $₹14,000$, and GST rate of $28\%$. Shopkeeper sold it to the customer at the same GST rate for $₹16,800$ (taxable value). Find the following:
i. Amount of CGST and SGST shown in the tax invoice issued by Anna Patil.
ii. Amount of CGST and SGST charged by the shopkeeper in Vasai.
iii. What is the CGST and SGST payable by shopkeeper in Vasai at the time of filing the return.

Q. A Dealer in Mumbai sold an Audi car to a dealer in Pune for ₹45 Lakhs and the Dealer in Pune sold it to the customer making a ₹3 Lakhs profit on it. If the rate of GST is 28%, how much GST will be paid to the Central Goverment in this transaction by the dealer in Pune?

Q.

Ross purchases an article for Rs. 7000 and sells it to customers for Rs. 8200. If VAT is $6\%$, find the VAT paid by Ross.

1. Rs. 52

2. Rs. 82

3. Rs. 72

4. Rs. 44

Q. Aradhya buys $9,000Kg$ potatoes for $Rs.15perKg$. She dries it for chips. The chips becomes one-third of the total weight. She sells the chips for $Rs.50perKg$. How much money will she get as profit?

Q. The marked price of an article = ₹9000 and rate of GST on it is 18%. A shopkeeper buys this article at a reduced price and sells it at its marked price.

If the shopkeeper pays ₹162 as CGST to the government as part of his net tax liability, find the amount (excluding GST) paid (in ₹) by the shopkeeper for the article.

1. ₹3600
2. ₹7200
3. ₹1800
4. ₹9800

Q. The bus fare between two cities is increased in the ratio $7:9$. Find the increase in the fare if:
$\left(ii\right)$The increased fare is $₹207$

Q. The following table shows the MRP of a few brands of motorcycles. If the GST charged on them is 18%, find the total 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. ₹578440
2. ₹575200
3. ₹574660
4. ₹576220

Q. There was a famous barber shop in Lucknow. He used to charge ₹400 per haircut and ₹200 per shave. On an average he used to get 20 customers per day for haircut and 30 per day for shave. The GST rate for haircut was 18% and for shave was 12%. What was the total GST on an average which he used to collect in a day to pay to the Government?

1. ₹2160
2. ₹2440
3. ₹1940
4. ₹2280

Q. An Excel TV brand sells its television and sets at a price which involves 12% GST. If Excel sells its TV sets across states, what would be the total amount charged for each television set if the GST per set being collected is ₹1224.

1. ₹11896
2. ₹11424
3. ₹12424
4. ₹12004

Q. A shopkeeper sells an article for ₹16800 with GST = 18%. A customer willing to buy this article, asks the shopkeeper to reduce the price of the article so that he pays only ₹18000 including GST. If the shopkeeper agrees for this, how much reduction will the shopkeeper give?

1. ₹1645.76
2. ₹1445.24
3. ₹1585.26
4. ₹1545.76

Q. Mr. Khan checked into a hotel room and the room rent per day is ₹4000 . On the same day, his friend joins him and the hotel provided an extra bed for ₹500 per day . If the rate of GST charged is 28% on the room rent and extra bed provided, how much does Mr. Khan end up paying the hotel at the end of 2 days?

1. ₹11250
2. ₹11520
3. ₹12820
4. ₹12280