A washing machine dealer sells a washing machine to a customer in such a way that the discount % becomes equal to the GST %. If the marked price of washing machine is ₹24000 and the discount offered on it is ₹4320, what is the SGST being paid for the machine?

₹1801.4

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₹1721.8

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₹1744.4

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₹1771.2

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Solution

The correct option is D ₹1771.2
Marked price of the washing machine = ₹24000

Discount given by the dealer = ₹4320

Discount % = $\frac{4320}{24000} \times 100$ = 18%

So, GST rate = Discount % = 18%

$\Rightarrow$ SGST = $\frac{18}{2}$ = 9%

GST is charged on discounted price which is ₹24000 - ₹4320 = ₹19680.

SGST being paid for the machine
= $\frac{9}{100} \times ₹ 19680$ = ₹1771.2

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