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Class 10 SELINA Solutions Maths Chapter 1 - GST [Goods and Services Tax]

GST [Goods and Services Tax] Exercise Ex. 1(A)

Solution 1

MRP = Rs. 12,000, Discount % = 30%, GST = 18%

Discount = 30% of 12,000 =   

Selling price (discounted value) = 12000 - 3600 = Rs. 8400

CGST = 9% of 8400 = Rs. 756

SGST = 9% of 8400 = Rs. 756

IGST = 0

Amount of Bill = Selling price + CGST + SGST  = 8400 + 756 + 756  = Rs. 9912 

Solution 2

MRP = Rs. 50,000, Discount % = 20%, GST = 28%

Discount = 20% of 50,000 =   

Selling price (discounted value) = 50,000 - 10,000 = Rs. 40,000

CGST = 0

SGST = 0

IGST = 28% of 40,000 =   

Amount of Bill = Selling price + IGST = 40,000 + 11,200  = Rs. 51,200 

Solution 3

  

Name of the person

Repairing cost (in Rs.)

Discount %

Discount

Selling price

CGST (9%)

SGST (9%)

A

5500

30

1650

3850

346.5

346.5

B

6250

40

2500

3750

 337.5

337.5

C

4800

30

1440

3360

302.4

302.4

D

7200

20

1440

5760

518.4

518.4

E

3500

40

1400

2100

189

189

Total

 

 

 

18,820

1693.8

1693.8

 

The total money (including GST) received by the mechanic is 18,820 + 1693.8 + 1693.8 = Rs. 22,207.6

Solution 4

  

Quantity

MRP

Total MRP

Discount %

Discounted price

Selling price

CGST 2.5%

SGST 2.5%

18

150

2700

10

270

2430

60.75

60.75

24

240

5760

20

1152

4608

115.2

115.2

30

100

3000

30

900

2100

52.5

52.5

12

120

1440

20

288

1152

28.8

28.8

Total

 

 

 

 

10,290

257.25

257.25

 

Amount of bill = Selling price + GST

 = 10,290 + 257.25 + 257.25

 = Rs. 10,804.5

Solution 5

  

 

Amount of bill = Selling price + IGST 

 = 44,210 + 7961.76

 = Rs. 52,167.8

Solution 6

 

MRP (in Rs.)

Discount

%

CGST %

Discounted value

Selling price

CGST

SGST

12,000

30

6

3600

8400

504

504

15,000

20

9

3000

12,000

1080

1080

9500

30

14

2850

6650

931

931

18,000

40

2.5

7200

10,800

270

270

 

 

 

 

37,850

2785

2785

 

Amount of bill = Selling price + CGST + SGST

 = 37,850 + 2785 + 2785  = Rs. 43,420

Solution 7

  

MRP (in Rs. )

Discount

Discounted value

Selling price

IGST

IGST 

12,000

30

3600

8400

12

1008

15,000

20

3000

12,000

18

2160

9500

30

2850

6650

28

1862

18,000

40

7200

10,800

5

540

 

 

 

37,850

 

5570

 

Amount of bill = Selling price + GST

 = 37,850 + 5570

 = Rs. 43,420

Solution 8

 

Rate per piece (in Rs.)

Quantity (no. of pieces)

Discount %

MRP

Selling price

IGST @18%

180

10

Net

1800

1800

324

260

20

20

5200

4160

748.8

310

30

Net

9300

9300

1674

175

20

30

3500

2450

441

 

 

 

 

17,710

3187.8

 Amount of bill = Selling price + IGST

  = 17,710 + 3187.8

 = Rs. 20,897.8

Solution 9

 

MRP (in Rs. per piece)

Quantity (no. of pieces)

Discount %

MRP

Selling price

SGST @ 6%

CGST @ 6%

225

20

40

4500

2700

162

162

320

30

30

9600

6720

403.2

403.2

300

12

50

3600

1800

108

108

250

40

40

10,000

6000

360

360

 

 

 

 

17,220

1033.2

1033.2

 Amount of bill = Selling price + SGST + CGST 

 = 17,220 + 2066.4

 = Rs. 19,286.4

Solution 10

  

Number of services

Cost of each service (in Rs.)

GST %

MRP

IGST  

8

680

5

5440

272

12

320

12

3840

460.8

10

260

18

2600

468

16

420

12

6720

806.4

 

 

 

18,600

2007.2

 

Amount of bill = Selling price + IGST 

 = 18,600 + 2007.2

 = Rs. 20,607.2

Solution 11

 

Rate per piece (in Rs.)

Number of pieces

Discount %

MRP (in Rs.)

Selling price (in Rs.)

GST %

GST (in Rs.)

18

360

10

6480

5832

12

699.84

12

480

20

5760

4608

18

829.44

12

120

5

1440

1368

12

164.16

28

150

20

4200

3360

28

940.8

 

 

 

 

15,168

 

2634.24

 Amount of bill = Selling price + GST 

 = 15,168 + 2634.24

 = Rs. 17,802.24

Solution 12

According to the question,

GST = 18% of 750

 =

The amount of bill = 750 + 135 = Rs. 885 

Solution 13

Let the total annual premium paid by Mr. Pankaj be Rs. x. According to the question, 18% of x = SGST + CGST  18% of x = 1800   SGST = CGST  x = Rs. 10,000

Solution 14

According to the question,

The amount of bill = 5000 × 2 + 1000 + 1000

 = 10,000 + 2000

 = Rs. 12,000

GST = 28% of 12,000

  =

GST charged by Mr. Malik Rs. 3360.

 

Solution 15

According to the question,

GST on ticket of Rs. 80 = 18% of 80 =

GST on ticket of Rs. 120 = 28% of 120 =

Difference between both GST = 33.60 - 14.40 = Rs. 19.20 

GST [Goods and Services Tax] Exercise Ex. 1(B)

Solution 8

Let A sells to dealer B at Rs. x lower price.

So, the CP of dealer B is (27000 - x).

According to the question,

Net Tax paid by dealer B is given by,

Output tax - Input tax = Rs. 216

8% of 27000 - 8%(27000 - x) = Rs. 216

2160 - 2160 + 8% of x = Rs. 216

8% of x = Rs. 216

x = Rs. 2700

Hence, cost price of dealer B = 27000 - 2700 = Rs. 24300

The amount (inclusive of GST) paid by dealer B

= 24300 + 8% of 24300

= 24300 + 1944

= Rs. 26,244

Solution 11

Marked price = Rs. 15,680

GST = 12% of 15,680 = Rs. 1881.6

Total price including GST = Rs. 17561.6

Price Gagan willing to pay including GST = Rs. 15,680

Let the reduced price be Rs. x, then

x + 12% of x = 15,680

x = Rs. 14000

Hence reduction in marked price = 15,680 - 14000 = Rs. 1,680

Solution 1

When the goods/services are sold for Rs. 15,000 under intra-state transaction from station A to station B and the rate of GST is 12%.

As per GST System

  1. S.P. at station A = Rs. 15,000
  2. CGST = 6% of 15,000 = Rs. 900
    SGST = 6% of 15,000 = Rs. 900
  3. C.P. at station B = Rs. 15,000
  4. If profit = Rs. 5000
    S.P. at station B = 15,000 + 5000 = Rs. 20,000
    Now the same goods/services are moved under inter-state transaction from station B to station C and the b rate of tax is 12%.
  5. GST = 12% of 20,000 = Rs. 2400
  6. C.P. at station C = Rs. 20,000 

Solution 2

When the product is sold from Agra to Kanpur (intra-state transaction)

For the dealer in Agra :

S. P. in Agra = Rs. 20,000

CGST = 9% of Rs. 20,000 =

SGST = 9% of Rs. 20,000 =

When product is sold from Kanpur to Jaipur (inter-state transaction)

For the dealer in Kanpur

Input-tax credit = 1800 + 1800 = Rs. 3600

C. P. = Rs. 20,000 and Profit = Rs. 5000

S.P. = 20,000 + 5000 = Rs. 25,000

IGST = 18% of 25,000 = Rs. 4500

  1. Net GST paid by the dealer at Kanpur
    = Output GST - Input GST
    = 4500 - 3600
    = Rs. 900
  2. The cost of goods/services at Jaipur
    = S. P. in Agra + IGST
    = 25,000 + 18% of 25000
    = 25,000 + 4500
    = Rs. 29,500 

Solution 3

For the dealer in Mumbai (inter-state transaction)

CP = Rs. 20,000

IGST = 12% of Rs. 20,000 =

Profit = Rs. 5000

SP = Rs. 25,000

For the dealer in Pune (intra-state transaction)

CP = Rs. 25,000

CGST = 6% of 25,000 = Rs. 1500

SGST = 6% of 25,000 = Rs. 1500

GST payable by the end user at Pune = 1500 + 1500 = Rs. 3000

 

Solution 4

For the dealer A (intra-state transaction)

SP = Rs. 8,000

 

For the dealer B (intra-state transaction)

CP = Rs. 8,000

CGST = 9% of 8,000 = Rs. 720

SGST = 9% of 8,000 = Rs. 720

Profit = Rs. 1,200

SP = Rs. 9,200

 

For the dealer C (inter-state transaction)

CP = Rs. 9,200

IGST = 18 % of Rs. 9,200 =

Input Tax = Rs. 1,656

Since, the dealer in Patna does not sell the product.

Output GST (tax on sale) = Rs. 0

Solution 5

For A (case of inter-state transaction)

S.P. in Meerut = Rs. 15,000


For B (case of inter-state transaction)

C.P.= Rs. 15,000

IGST = 18% of 15,000 =

Input tax for B = Rs. 2,700

S.P. in Ratlam = 15,000 + 3000 = Rs. 18,000


For C (case of intra-state transaction)

C.P.= Rs. 18,000

CGST = 9% of 18,000 =

SGST =


Out put tax for B = Rs. 1620 + Rs. 1620 = Rs. 3240

Net GST payable by the dealer B

= Output tax - Input tax

= 1620 + 1620 - 2700

= Rs. 540


Cost for the dealer C in Jabalpur

= S.P. for the dealer in Ratlam + GST

= 18,000 + 1620 + 1620

= Rs. 21,240

Solution 6

For the dealer X (intra-state transaction)

SP = Rs. 50,000

 

For the dealer Y (intra-state transaction)

CP = Rs. 50,000

CGST = 14% of 50,000 = Rs. 7,000

SGST = 14% of 50,000 = Rs. 7,000

Input tax for dealer Y = Rs. 14,000

Profit = Rs. 20,000

SP = Rs. 70,000

 

For the dealer Z (inter-state transaction)

CP = Rs. 70,000

IGST = 28 % of Rs. 70,000 =

Input Tax = Rs. 19,600 which is the output tax for dealer Y.

 

Net GST payable for Y

= Output tax for Y - Input tax for Y

= 19,600 - 14,000

= Rs. 5600

Solution 7

  1. Output tax in Delhi (interstate) :
    IGST = 9% of 50,000 = Rs. 9000
    Output tax in Delhi = Rs. 9000

  2. Output tax in Calcutta :
    C.P. in Calcutta = Rs. 50,000 and Profit = Rs. 20,000
    S.P. in Calcutta = 50,000 + 20,000 = Rs. 70,000
    IGST = 18% of 70,000 = Rs. 12,600
    Output tax in Calcutta = Rs. 12,600

  3.  Since, the dealer in Nainital does not sell the product.
    Output GST (tax on sale) = Rs. 0

Solution 9

Initial marked price by manufacturer A is Rs. 6000

B bought the T.V. at a discount of 20%.

Cost price of B = 80% of 6000 = Rs. 4800 ….(i)

GST paid by B for purchase = 18% of 4800 = Rs. 864 ….(ii)

B sells T.V. at discount of 10% of market Price

Selling price for B = 6000 - 10% of 6000 = Rs. 5400 …(iii)

GST charged by B on selling of T.V. = 18% of 5400

 = Rs. 972 …(iv)

GST paid by B to the government

= GST charged on selling price - GST paid against purchase price

= 972 - 864

= Rs. 108

Solution 10

Initial marked price by manufacturer A is Rs. 75,000

B bought the T.V. at a discount of 30%.

Cost price of B = 70% of 75,000 = Rs. 52,500 ….(i)

GST paid by B for purchase = 5% of 52,500 = Rs. 2625 ….(ii)

B sells T.V. by increasing marked price by 30%.

Selling price for B = 75,000 + 30% of 75,000 = Rs. 97,500 …(iii)

GST charged by B on selling of T.V. = 5% of 97,500

 = Rs. 4875 …(iv)

GST paid by B to the government

= GST charged on selling price - GST paid against purchase price

= 4875 - 2625

= Rs. 2250

 

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