Question

The cost of generator without GST (Goods and Service Tax) is $₹96000$. If GST is levied at $20\%$, what will the cost of the generator then?

Answer 1

Step 1 : Calculate $20\%$ of $₹96000$

$$\begin{gathered} =\frac{20}{100}\times 96000 \\ =20\times 960 \\ =19200 \end{gathered}$$

So, $₹19200$ is the GST amount

Step 2 : Add the GST amount to the original amount to get the final cost of the generator

$$\begin{gathered} =96000+19200 \\ =115200 \end{gathered}$$

So the final cost of generator is $₹1,15,200$