Question

When SGST being charged on an article is ₹495, and the GST rate is 18% for an intra state transaction, the price of the article is ₹

• A. 4500
• B. 6500
• C. 5500
• D. 7500

Answer 1

The correct option is C 5500

Rate of GST = 18%
Rate of SGST = $\frac{GST}{2}$
Rate of SGST = $\frac{18}{2}$ = 9%

Let the price of the article be ₹x
$\frac{9}{100}\times x$ = ₹495
$\Rightarrow$ x = $\frac{495\times 100}{9}$ = ₹5500
Hence price of the article is ₹5500