Question

Sou. Minakshi purchase of a cosmetic box including GST is Rs. 512. The rate of GST is 28%. Find the taxable price of the cosmetic box.

Answer 1

Given: Total price (including GST) = Rs. 512; GST rate = 28%.

Step-wise calculation:

1. Let taxable price = x.

GST = 28% of x 

= `(28/100)x` 

= `(7/25)x`

2. Total = Taxable price + GST

= `x + (7/25)x` 

= `(32/25)x`

3. So, `(32/25)x = 512`

⇒ `x = 512 xx (25/32)`

4. Compute x: 512 × 25 = 12800

12800 ÷ 32 = 400

5. GST amount = 512 – 400

= 112

Taxable price of the cosmetic box = Rs. 400. (GST = Rs. 112.)