Calculate the price that a customer has to pay for each article with a 16% general sales tax imposed on it.
(i) Football = Rs.800
(ii) Rackets = Rs. 1,250
(iii) Hockey = Rs. 1,650
(iv) Bat = Rs.2,100
Given:
GST Rate = 16%
To Find:
Customer Price = Price of Item + GST = ? (For each Option)
(i) Football = Rs.800
Solution:
First we will find the GST amount by using the following formula for GST:
General Sales Tax (GST) amount = 16% of Rs. 800
General Sales Tax (GST) amount =`{\frac16{100}}` x Rs. 800
General Sales Tax (GST) amount = Rs. 128
Now
Customer Price = Price of Item + GST
Customer Price = Rs. 800 + Rs. 128
Customer Price = Rs. 928
Thus the customer has to pay for the article (Football) is Rs.928
(ii) Rackets = Rs. 1,250
Solution:
In this case, we will also first find the GST by using the following formula for GST:
General Sales Tax (GST) = 16% of Rs. 1250
General Sales Tax (GST) =`{\frac16{100}}` x Rs. 1250
General Sales Tax (GST) = Rs. 200
Now
Customer Price = Price of Item + GST
Customer Price = Rs. 1250 + Rs. 200
Customer Price= Rs.1450
Thus the customer has to pay for the article (Rackets) is Rs. 1450
(iii) Hockey = Rs. 1,650
Solution:
In this case, we will also first find the GST by using the following formula for GST:
General Sales Tax (GST) = 16% of Rs. 1650
General Sales Tax (GST) =`{\frac16{100}}` x Rs. 1650
General Sales Tax (GST) = Rs. 264
Now Customer Price will be
Customer Price = Price of Item + GST
Customer Price = Rs. 1650 + Rs. 264
Customer Price= Rs. 1914
Thus, the customer has to pay for the article (Hockey) is Rs.1914
(iv) Bat = Rs.2,100
Solution:
In this case, we will also first find the GST by using the following formula for GST:
General Sales Tax (GST) = 16% of Rs. 1650
General Sales Tax (GST) =`{\frac16{100}}` x Rs. 1650
General Sales Tax (GST) = Rs. 336
Customer Price will be
Customer Price = Price of Item + GST
Customer Price = Rs. 2100 + Rs. 336
Customer Price = Rs. 2436
Thus, the customer has to pay for the article (Bat) is Rs.2436
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 Price when GST % and C,P are given (WP-2: General Sale Tax - GST)){kind=link}
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