Step-by-step explanation:
1. Rent of shop for 1 month = Rs. 7500
Rent of the Shop for 1 year = 12 × Rs. 7500
= Rs. 90,000
Tax rate = 9%
Owner have to pay = 9% of Rs. 90,000
2. Goods sold in a shop = Rs. 92,000
GST = 17%
Shopkeeper have to pay = 17% of 92,000
Hope you got your answer
Thank you
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Answers & Comments
Step-by-step explanation:
Given:
1. Rent of shop for 1 month = Rs. 7500
Rent of the Shop for 1 year = 12 × Rs. 7500
= Rs. 90,000
Tax rate = 9%
Owner have to pay = 9% of Rs. 90,000
2. Goods sold in a shop = Rs. 92,000
GST = 17%
Shopkeeper have to pay = 17% of 92,000
Hope you got your answer
Thank you