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Question

Mr Pankaj took Health Insurance Policy for his family and paid Rs.900 as SGST. Find the total annual premium paid by him for this policy, rate of GST being 18% ?

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Solution

Let's consider that the total annual premium paid by Mr.Pankaj be Rs. x.
Then, from the question
18% of =SGST+CGST
18% of x=1800 [as SGST = CGST]
So, 18100xx=1800
x=Rs.10000
Therefore, the total annual premium paid by him for the policy is Rs. 10000.

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