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Question
The cost of certain services is ₹ 10,000, excluding GST = ₹ 1,800. The rate of GST is ______.
Options
12%
5%
18%
28%
MCQ
Fill in the Blanks
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Solution
The cost of certain services is ₹ 10,000, excluding GST = ₹ 1,800. The rate of GST is 18%.
Explanation:
Cost price of certain services = ₹ 10000
GST amount = ₹ 1800
Suppose the Rate of GST = P%
GST amount = Rate of GST × C.P.
`1800 = P/100 xx 10000`
`\implies` P = `1800 xx 100/10000` = 18%
∴ Rate of GST is 18%
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