Question

A taxable value of a wrist watch belt is rs 586. rate of GST is 18% then what is price of the belt for the customer?

Answer 1

Taxable value of a wrist watch belt = Rs $586$
Rate of GST = $18$%
Amount of GST = $\frac{18}{100}\times 586=105.48$ Rs.
$\therefore$ Price of the belt for the customer = Taxable value of a wrist watch belt + Amount of GST
= RS $586+$ Rs $105.48$ = Rs $691.48$.
Thus, the price of the belt for the customer is Rs $691.48$.