Answer
Verified
375.9k+ views
Hint: Discount: The definition of discount is reduced prices being sold at a lower price than the price marked on the objects. Discount can be calculated on the percentage given. They usually give you a discount. Discount always given in the selling price of the object.
$ Discount = marked\,price - selling\,price$
Complete step by step solution:
Given,
Cost price of the object, CP=Rs36000
Marked price of the object, MRP=Rs50000
Discount, D=10%
Rate of GST=18%
According to the question
Input GST of TV will be,
\[ \Rightarrow GST = \dfrac{{18}}{{100}} \times CP\]
Put the value of CP
\[ \Rightarrow GST = \dfrac{{18}}{{100}} \times 36000\]
\[ \Rightarrow GST = 18 \times 360\]
\[ \Rightarrow GST = Rs.6480\]
Now
Marked price of TV, MRP=Rs.50000
Discount, D=10%
$ = \dfrac{{10}}{{100}} \times 50000$
$ = Rs.5000$
So the selling price is,
$ \Rightarrow SP = MRP - Discount\, Price$
Put the value
$ \Rightarrow SP = 50000 - 5000$
$ \Rightarrow SP = Rs.45000$
Output GST for TV will be
\[ \Rightarrow GST = \dfrac{{18}}{{100}} \times SP\]
Put the value of SP
\[ \Rightarrow GST = \dfrac{{18}}{{100}} \times 45000\]
\[ \Rightarrow GST = 18 \times 450\]
\[ \Rightarrow GST = Rs.8100\]
Therefore, Input GST for Krishna Electrical=Rs.6480
Output GST for Krishna Electricals=Rs.8100
Note:
Cost price of an article is, in which they bought from a wholesaler. Selling price is in which they sell the object to the customer. The difference between selling and cost price is known as profit and loss. If the selling price is more than the cost price (SP>CP) is called profit. Cost price is more than selling price (CP>SP) is called loss. It can also be calculated in percentage.
$ Discount = marked\,price - selling\,price$
Complete step by step solution:
Given,
Cost price of the object, CP=Rs36000
Marked price of the object, MRP=Rs50000
Discount, D=10%
Rate of GST=18%
According to the question
Input GST of TV will be,
\[ \Rightarrow GST = \dfrac{{18}}{{100}} \times CP\]
Put the value of CP
\[ \Rightarrow GST = \dfrac{{18}}{{100}} \times 36000\]
\[ \Rightarrow GST = 18 \times 360\]
\[ \Rightarrow GST = Rs.6480\]
Now
Marked price of TV, MRP=Rs.50000
Discount, D=10%
$ = \dfrac{{10}}{{100}} \times 50000$
$ = Rs.5000$
So the selling price is,
$ \Rightarrow SP = MRP - Discount\, Price$
Put the value
$ \Rightarrow SP = 50000 - 5000$
$ \Rightarrow SP = Rs.45000$
Output GST for TV will be
\[ \Rightarrow GST = \dfrac{{18}}{{100}} \times SP\]
Put the value of SP
\[ \Rightarrow GST = \dfrac{{18}}{{100}} \times 45000\]
\[ \Rightarrow GST = 18 \times 450\]
\[ \Rightarrow GST = Rs.8100\]
Therefore, Input GST for Krishna Electrical=Rs.6480
Output GST for Krishna Electricals=Rs.8100
Note:
Cost price of an article is, in which they bought from a wholesaler. Selling price is in which they sell the object to the customer. The difference between selling and cost price is known as profit and loss. If the selling price is more than the cost price (SP>CP) is called profit. Cost price is more than selling price (CP>SP) is called loss. It can also be calculated in percentage.
Recently Updated Pages
How many sigma and pi bonds are present in HCequiv class 11 chemistry CBSE
Mark and label the given geoinformation on the outline class 11 social science CBSE
When people say No pun intended what does that mea class 8 english CBSE
Name the states which share their boundary with Indias class 9 social science CBSE
Give an account of the Northern Plains of India class 9 social science CBSE
Change the following sentences into negative and interrogative class 10 english CBSE
Trending doubts
Fill the blanks with the suitable prepositions 1 The class 9 english CBSE
The Equation xxx + 2 is Satisfied when x is Equal to Class 10 Maths
In Indian rupees 1 trillion is equal to how many c class 8 maths CBSE
Which are the Top 10 Largest Countries of the World?
How do you graph the function fx 4x class 9 maths CBSE
Give 10 examples for herbs , shrubs , climbers , creepers
Difference Between Plant Cell and Animal Cell
Difference between Prokaryotic cell and Eukaryotic class 11 biology CBSE
Why is there a time difference of about 5 hours between class 10 social science CBSE