Exercise : Chapter 1 GST Exercise 1A MCQ Questions and Answers
1.
For the following transaction within Delhi, fill in the blanks to find the amount of bill :
MRP = Rs. 12,000, Discount % = 30%, GST = 18%
Discount =____________
Selling price (discounted value) =
CGST =____________
SGST =____________
IGST =____________
Amount of Bill =____________
Solution :
Given:
MRP = Rs. 12,000, Discount % = 30%, GST= 18%
Discount = discount % of MRP = 30% of 12,000= (30/100) × 12000
= Rs. 3600
Selling price (discounted value) = MRP - discount = 12000 – 3600
= Rs. 8400
CGST= 9% of 8400 = Rs. 756
SGST= 9% of 8400 = Rs. 756
IGST= 0
Amount of Bill = Selling price + CGST + SGST = 8400 + 756 + 756
= Rs. 9912
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2.
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 =____________
Solution :
Given:
MRP = Rs. 50,000, Discount % = 20%, GST= 28%
Discount = Discount % of MRP = 20% of 50,000 = (20/100) × 50,000
= Rs. 10,000
Selling price (discounted value) = MRP - Discount = 50,000 – 10,000
= Rs. 40,000
CGST = 0
SGST = 0
IGST = 28% of SP = 28% of 40,000 = (28/100) × 40,000
= Rs. 11,200
Amount of Bill = Selling price + CGST + SGST + IGST
= 40,000 + 0 + 0 + 11,200
= Rs. 51,200
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3.
A computer mechanic in Delhi charges repairing cost from five different persons A, B, C, D and E with certain discounts. The repairing costs and the corresponding discounts are as given below :
| Name of the person | A | B | C | D | E |
| Repairing cost (in Rs.) | 5500 | 6250 | 4800 | 7200 | 3500 |
| Discount % | 30 | 40 | 30 | 20 | 40 |
If the rate of GST is 18%, find the total money (including GST) received by the mechanic.
Solution :
Name of the person Repairing cost (in Rs.) Discount % Discount Selling price CGST (9%) SGST (9%)
| Name of the person | Repairing cost (in Rs.) | Discount % | Discount = Discount % of Repairing cost | Selling price = Repairing cost - Discount | CGST (9%) | SGST (9%) |
| A | 5500 | 30 | 1650 | 3850 | 346.5 | 346.5 |
| B | 6250 | 40 | 2500 | 3750 | 337.5 | 337.5 |
| C | 4800 | 30 | 1440 | 3360 | 302.4 | 302.4 |
| D | 7200 | 20 | 1440 | 5760 | 518.4 | 518.4 |
| E | 3500 | 40 | 1400 | 2100 | 189 | 189 |
| Total | 18,820 | 1693.8 | 1693.8 | |||
∵ GST = 18% so, CGST and SGST is half of GST = 9% both.
The total money (including GST) received by the mechanic is SP + CGST + SGST
= 18,820 + 1693.8 + 1693.8
= Rs. 22,207.6
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4.
Find the amount of bill for the following intra-state transaction of goods/services. The GST rate is 5%.
| Quantity (no. of items) | MRP of each item (in Rs.) | Discount % |
| 18 | 150 | 10 |
| 24 | 240 | 20 |
| 30 | 100 | 30 |
| 12 | 120 | 20 |
Solution :
| Quantity | MRP | Total MRP = Quantity x MRP | Discount % | Discount Price = Discount % of Total MRP | Selling Price = Total MRP - Discount | CGST 2.5% | SGST 2.5% |
| 18 | 150 | 2700 | 10 | 270 | 2430 | 60.75 | 60.75 |
| 24 | 240 | 5760 | 20 | 1152 | 4608 | 115.2 | 115.2 |
| 30 | 100 | 3000 | 30 | 900 | 2100 | 52.5 | 52.5 |
| 12 | 120 | 1440 | 20 | 288 | 1152 | 28.8 | 28.8 |
| Total | 10,290 | 257.25 | 257.25 | ||||
∵ GST rate = 5% so, CGST and SGST is half of GST rate = 2.5 % both.
Amount of bill = Selling price + CGST + SGST
= 10,290 + 257.25 + 257.25
= Rs. 10,804.5
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5.
Find the amount of bill for the following inter-state transaction of goods/services. The GST rate is 18%.
| Quantity (no. of items) | 35 | 47 | 20 |
| MRP or each item (in Rs.) | 420 | 600 | 350 |
| Discount % | 10 | 10 | 20 |
Solution :
| Quantity | MRP | Total MRP = Quantity x MRP | Discount % | Discount Price = Discount % of Total MRP | Selling Price = Total MRP - Discount | CGST @ 9% | SGST @ 9% |
| 35 | 420 | 14,700 | 10 | 1470 | 13,230 | 1190.7 | 1190.7 |
| 47 | 600 | 28,200 | 10 | 2820 | 25,380 | 2284.2 | 2284.2 |
| 20 | 350 | 7000 | 20 | 1400 | 5600 | 504 | 504 |
| Total | 44,210 | 3978.9 | 3978.9 | ||||
∵ GST rate = 18% so, CGST and SGST is half of GST rate = 9 % both.
Amount of bill = Selling price + CGST + SGST
= 44,210 + 3978.9 + 3978.9
= Rs. 52,167.8
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6.
Find the amount of bill for the following intra-state transaction of goods/services.
| MRP (in Rs.) | 12,000 | 15,000 | 9500 | 18,000 |
| Discount % | 30 | 20 | 30 | 40 |
| CGST % | 6 | 9 | 14 | 2.5 |
Solution :
| MRP (in Rs.) | Discount % | CGST % | Discounted value | Selling price | CGST | SGST |
| 12,000 | 30 | 6 | 3600 | 8400 | 504 | 504 |
| 15,000 | 20 | 9 | 3000 | 12,000 | 1080 | 1080 |
| 9500 | 30 | 14 | 2850 | 6650 | 931 | 931 |
| 18,000 | 40 | 2.5 | 7200 | 10,800 | 270 | 270 |
| Total | 37,850 | 2785 | 2785 | |||
Amount of bill = Selling price + CGST + SGST
= 37,850 + 2785 + 2785
= Rs. 43,420
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7.
Find the amount of bill for the following inter-state transaction of goods/services.
| MRP (in Rs.) | 12,000 | 15,000 | 9500 | 18,000 |
| Discount % | 30 | 20 | 30 | 40 |
| CGST % | 6 | 9 | 14 | 2.5 |
Solution :
| MRP (in Rs.) | Discount | Discounted value | Selling price | IGST % | IGST |
| 12,000 | 30 | 3600 | 8400 | 12 | 1008 |
| 15,000 | 20 | 3000 | 12,000 | 18 | 2160 |
| 9500 | 30 | 2850 | 6650 | 28 | 1862 |
| 18,000 | 40 | 7200 | 10,800 | 5 | 540 |
| 37,850 | 5570 | ||||
Amount of bill = Selling price + GST
= 37,850 + 5570
= Rs. 43,420
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8.
A dealer in Mumbai supplied an item at the following prices to a dealer in Delhi. Find the total amount of the bill.
| Rate per piece (in Rs.) | Quantity (no. of Pieces) | Discount % | SGST % |
| 180 | 10 | Net | 9 |
| 260 | 20 | 20 | 9 |
| 310 | 30 | Net | 9 |
| 175 | 20 | 30 | 9 |
Solution :
| Rate per piece (in Rs.) | Quantity (no. of pieces) | Discount % | MRP | Selling price | IGST @ 18% |
| 180 | 10 | Net | 1800 | 1800 | 324 |
| 260 | 20 | 20 | 5200 | 4160 | 748.8 |
| 310 | 30 | Net | 9300 | 9300 | 1674 |
| 175 | 20 | 30 | 3500 | 2450 | 441 |
| Total | |||||
Amount of bill = Selling price + IGST
= 17,710 + 3187.8
= Rs. 20,897.8
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9.
National Trading Company, Meerut (UP) made the supply of the following goods/services to Samarth Traders, Noida (UP). Find the total amount of bill if the rate of GST = 12%
| Quantity (no. of pieces) | 20 | 30 | 12 | 40 |
| MRP (in Rs. per piece) | 225 | 320 | 300 | 250 |
| Discount % | 40 | 30 | 50 | 40 |
Solution :
| MRP (in Rs. per piece) | Quanitiy (no. of pieces) | Discount % | MRP | Selling price | SGST @ 6% | CGST @ 6% |
| 225 | 20 | 40 | 4500 | 2700 | 162 | 162 |
| 320 | 30 | 30 | 9600 | 6720 | 403.2 | 403.2 |
| 300 | 12 | 50 | 3600 | 1800 | 108 | 108 |
| 250 | 40 | 40 | 10,000 | 6000 | 360 | 360 |
| Total | 17,220 | 1033.2 | 1033.2 | |||
Amount of bill = Selling price + SGST + CGST
= 17,220 + 2066.4
= Rs. 19,286.4
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10.
M/s Ram Traders, Delhi, provided the following services to M/s Geeta Trading Company in Agra (UP). Find the amount of bill :
| Number of services | 8 | 12 | 10 | 16 |
| Cost of each service (in Rs.) | 680 | 320 | 260 | 420 |
| GST % | 5 | 12 | 18 | 12 |
Solution :
| Number of services | Cost of each service (in Rs.) | GST % | MRP | IGST |
| 8 | 680 | 5 | 5440 | 272 |
| 12 | 320 | 12 | 3840 | 460.8 |
| 10 | 260 | 18 | 2600 | 468 |
| 16 | 420 | 12 | 6720 | 806.4 |
| Total | 18600 | 2007.2 | ||
Amount of bill = Selling price + IGST
= 18,600 + 2007.2
= Rs. 20,607.2
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11.
For the following, find the amount of bill data :
| Rate per piece (in Rs.) | Number of pieces | Discount % | GST % |
| 18 | 360 | 10 | 12 |
| 12 | 480 | 20 | 18 |
| 12 | 120 | 5 | 12 |
| 28 | 150 | 20 | 28 |
Solution :
| Rate per piece (in Rs.) | Number of pieces | Discount % | MRP (in Rs.) | Selling price (in Rs.) | GST % | GST (in Rs.) |
| 18 | 360 | 10 | 6480 | 5832 | 12 | 699.84 |
| 12 | 480 | 20 | 5760 | 4608 | 18 | 829.44 |
| 12 | 120 | 5 | 1440 | 1368 | 12 | 164.16 |
| 28 | 150 | 20 | 4200 | 3360 | 28 | 940.8 |
| Total | 16,168 | 2634.24 | ||||
Amount of bill = Selling price + GST
= 15,168 + 2634.24
= Rs. 17,802.24
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12. The tax invoice of a telecom service in Meerut shows cost of services provided by it as Rs. 750. If the GST rate is 18%, find the amount of the bill.
Solution :
According to the question,
GST = 18% of 750
= (18/100) × 750 = Rs. 135
The amount of bill = 750 + 135 = Rs. 885
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13. Mr. Pankaj took Health Insurance Policy for his family and paid Rs. 900 as SGST. Find the total annual premium paid by him for this policy, rate of GST being 18%.
Solution :
Let the total annual premium paid by Mr. Pankaj be Rs. x. According to the question, 18% of x= SGST + CGST 18% of x= 1800 SGST= CGST (18/100) × x = 1800
x = Rs. 10,000
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14. Mr. Malik went on a tour to Goa. He took a room in a hotel for two days at the rate of Rs. 5000 per day. On the same day, his friend John also joined him. Hotel provided an extra bed charging Rs. 1000 per day for the bed. How much GST, at the rate of 28% is charged by the hotel in the bill to Mr. Malik for both the days?
Solution :
According to the question,
The amount of bill = 5000 × 2 + 1000 + 1000
= 10,000 + 2000
= Rs. 12,000
GST= 28% of 12,000
= (28/100) × 12,000 = Rs. 3360
GST charged by Mr. Malik Rs. 3360
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15. Asharaf went to see a movie. He wanted to purchase a movie ticket for Rs. 80. As the ticket for Rs. 80 was not available, he purchased a ticket for Rs. 120 of upper class. How much extra GST did he pay for the ticket? (GST for a ticket below Rs. 100 is 18% and GST for a ticket above Rs. 100 is 28%)
Solution :
According to the question,
GST on ticket of Rs. 80 = 18% of 80= (18/100) × 80 = Rs. 14.40
GST on ticket of Rs. 120 = 28% of 120= (18/100) × 120 = Rs. 33.60
Difference between both GST
= 33.60 – 14.40
= Rs. 19.20
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