Find the amount of bill for the following inter-state transaction of goods/services: MRP (in ₹) 12,000, 15,000, 9,500, 18,000; Discount% 30, 20, 30, 40; CGST% 6, 9, 14, 2.5

Understand the Problem

The question is asking for the details on how to find the amount of a bill for inter-state transactions involving goods/services by using the provided data about MRP, discount percentages, and CGST rates.

Answer

The total bill amount is ₹37,850.

Steps to Solve

Calculate the Amount After Discount for Each Item

For each MRP, calculate the amount after applying the discount.

The formula for the discounted price is:

$$ \text{Discounted Price} = \text{MRP} \times \left(1 - \frac{\text{Discount %}}{100}\right) $$

Calculate CGST for Each Item

Next, calculate the CGST on the discounted price.

The formula for CGST is:

$$ \text{CGST} = \text{Discounted Price} \times \frac{\text{CGST %}}{100} $$

Calculate Total Bill Amount for Each Item

Finally, calculate the total bill amount by adding the discounted price and the CGST.

The formula for total bill amount is:

$$ \text{Total Bill} = \text{Discounted Price} + \text{CGST} $$

Repeat for All Items

Repeat the above calculations for all items listed (4 items).

For the items, the total bill amounts are:

Item 1: ₹8,400
Item 2: ₹12,000
Item 3: ₹6,650
Item 4: ₹10,800

Total Bill Amount = ₹37,850

More Information

This solution outlines how to compute the final bill amount for inter-state transactions by taking into account the MRP, discounts, and applicable CGST. Each item is processed individually, making it easier to track calculations.

Tips

Miscalculating Discounts: Ensure the discount percentage is converted correctly to decimal form before applying it.
Forgetting CGST Calculation: Always remember to calculate CGST after determining the discounted price.
Adding Incorrectly: Double-check the final additions to ensure accuracy in totals.

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