BANKING GENERAL KNOWLEDGE
Question
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For the following transaction from Delhi to Jaipur, fill in the blanks to find the amount of bill:-MRP = Rs 50, 000, Discount % = 20%, GST = 28%Discount =? Selling Price =?CGST =?SGST=?IGST=?Amount of Bill =?
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Discount = 12, 000Selling Price = 40, 000CGST = NASGST= NA IGST= 11, 200Amount of Bill = 51, 200
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Discount =10, 000Selling Price =40, 000CGST = 5600SGST= 5600IGST= NAAmount of Bill = 50, 200
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Discount =10, 000Selling Price =40, 000CGST = NASGST= NA IGST= 11, 200Amount of Bill = 50, 200
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Discount =10, 000Selling Price =40, 000CGST = NASGST= NA IGST= 11, 200Amount of Bill = 51, 200
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Explanation:
Detailed explanation-1: -Selling price = MRP-Discount = 50000-10000 = 40000 Hence the selling price is equal to rupees 40000. The CGST is equal to zero since the transaction is an interstate transaction (Delhi to Jaipur).
There is 1 question to complete.