Question

Prasad purchased a washing-machine from 'Maharashtra Electroni Goods'. The discount of $5\%$ was given on the printed price of Rs. $40,000$. Rate of GST charged was $28\%$. Find the purchase price of washing machine. Also find the amount of CGST and SGST shown in the tax invoice.

Answer 1

Marked Price $=4000$ , Discount $=5\%$

$SP=MP-\frac{5}{100}MP$

$⟹\frac{95}{100}\times 40000=38000$

GST $=28\%$

Purchase Price $=Tax+SP$

Tax $=\frac{28}{100}\times 38000$

$=10640$

Purchase Price $=10640+38000$

$=48640$

$SGST=CGST=14\%=\frac{10640}{2}$

$\therefore SGST=CGST=5320$