Question

The cost price of a TV set is 20,000. The shopkeeper marked it for 24,000. He sells it to a customer at a discount of 10% on the marked price. If the sale is intra-state and the rate of GST is 12%, find the:

1. discounted price of the TV set.
2. amount paid by the customer to clear the bill.

Answer 1

(a) Given: Cost price of T.V. = ₹ 20,000

Marked price = ₹ 24,000

Discount = 10%

GST = 12%

Discount provided by shopkeeper = 10% of ₹ 24,000

= `10/100 × 24000`

= ₹ 2,400

Discounted price of the TV set = ₹ 24,000 − ₹ 2,400

= ₹ 21,600

Hence, the discounted price of the TV set = ₹ 21,600.

(b) GST = 12% of 21,600

= `12/100 × 21600`

= ₹ 2,592

Total amount paid by customer = ₹ 21,600 + ₹ 2,592

= ₹ 24,192

Hence, the amount paid by the customer = ₹ 24,192.