Conduct a survey about purchasing a car of the same brand from two different places that is from Karnataka state and from the Union Territory, Pondicherry. • Collect the following data: MRP, Discount, SP, GST\% • Find the final bill amount including GST.in indian rupees using inra state or inter state transaction as per the question
Q. Conduct a survey about purchasing a car of the same brand from two different places that is from Karnataka state and from the Union Territory, Pondicherry. • Collect the following data: MRP, Discount, SP, GST\% • Find the final bill amount including GST.in indian rupees using inra state or inter state transaction as per the question
Identify data needed: Identify the data needed for the calculation: MRP (Maximum Retail Price), Discount, SP (Selling Price), and GST% (Goods and Services Tax percentage).
Collect data for Karnataka: Collect the data for Karnataka: Let's say MRP is ₹500,000, Discount is 10%, and GST is 28% for intra-state transaction.
Calculate discount for Karnataka: Calculate the discount amount for Karnataka: Discount = MRP ∗ Discount% = \rupee\(500,000∗0.10 = \rupee50,000\).
Calculate SP for Karnataka: Calculate the selling price before GST for Karnataka: SP = MRP - \text{Discount} = \text{₹}\(500\),\(000\) - \text{₹}\(50\),\(000\) = \text{₹}\(450\),\(000\).
Calculate GST for Karnataka: Calculate the GST amount for Karnataka: GST Amount = SP \times GST\% = \text{₹}450,000 \times 0.28 = \text{₹}126,000.
Calculate final bill for Karnataka: Calculate the final bill amount for Karnataka: Final Bill = SP + GST Amount = ₹450,000 + ₹126,000 = ₹576,000.
Collect data for Pondicherry: Collect the data for Pondicherry: Let's assume MRP is ₹500,000, Discount is 10%, and GST is 18% for inter-state transaction.
Calculate discount for Pondicherry: Calculate the discount amount for Pondicherry: Discount = MRP × Discount% = \rupee500,000×0.10 = \rupee50,000.
Calculate SP for Pondicherry: Calculate the selling price before GST for Pondicherry: SP=MRP−Discount=₹500,000−₹50,000=₹450,000.
Calculate GST for Pondicherry: Calculate the GST amount for Pondicherry: GST Amount = $SP \times GST\% = \text{₹}\(450\),\(000\) \times \(0\).\(18\) = \text{₹}\(81\),\(000\).
Calculate final bill for Pondicherry: Calculate the final bill amount for Pondicherry: Final Bill = SP + GST Amount = \(\text{₹}450,000\) + \(\text{₹}81,000\) = \(\text{₹}531,000\).