Question

For the following transaction from Delhi to Jaipur, fill in the blanks to find the amount of bill:

MRP = Rs. 50,000

Discount % = 20%

GST = 28%

Discount = ______

Selling price (discounted value) = ______

CGST = ______

SGST = ______

IGST = ______

Amount of bill = ______

Answer 1

MRP = Rs. 50,000

Discount % = 20%

GST = 28%

Discount = `underlinebb(20%  of  50,000 = 20/100 xx 50,000 = Rs. 10,000)`

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

CGST = 0

SGST = 0

IGST = `underlinebb(28%  of  40,000 = 28/100 xx 40,000 = Rs. 11,200)` 

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