An article which is marked at ₹ 1200 is available at a discount of 20% and the rate of GST is 18%. The amount of SGST is ______.
Asked by tusharparik • 14 days ago
An article which is marked at ₹ 1200 is available at a discount of 20% and the rate of GST is 18%. The amount of SGST is ______.
Answers
admin
14 days ago
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Mathematics - Calculating SGST on Discounted Price
Here's how to calculate the amount of SGST on an article with a marked price of ₹1200, a 20% discount, and an 18% GST rate.
Steps to Calculate SGST
- Calculate the Discounted Price:
Discount = 20% of ₹1200 = (20/100) * 1200 = ₹240
Discounted Price = Marked Price - Discount = ₹1200 - ₹240 = ₹960 - Calculate the GST Amount:
GST = 18% of Discounted Price = (18/100) * 960 = ₹172.80 - Calculate the SGST Amount:
Since GST is divided equally into SGST and CGST, SGST = GST / 2
SGST = ₹172.80 / 2 = ₹86.40
Therefore, the amount of SGST is ₹86.40. SGST stands for State Goods and Services Tax, and it is the portion of GST collected by the state government.
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