Question
A family went to a restaurant for dinner. The bill of ₹3000 was handed which was not inclusive of the 4% Goods and Service Tax (GST). The final bill amount would be?
Answer: Option A
:
A
GST is calculated on the selling price. Since the bill amount is the selling price, the GSTis added to the bill amount itself.
So, GST = 4% of₹ 3000
= 4100×3000
= ₹120
Final bill amount = ₹3000 + ₹120 =₹3120
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:
A
GST is calculated on the selling price. Since the bill amount is the selling price, the GSTis added to the bill amount itself.
So, GST = 4% of₹ 3000
= 4100×3000
= ₹120
Final bill amount = ₹3000 + ₹120 =₹3120
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