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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%.
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%.
Class 10 | Exercise 1(A) | Gst Goods And Services Tax | ICSE | Maths | Selina
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%.

We should consider that the all out yearly premium paid by Mr. Pankaj be \[Rs.\text{ }X.\]

Then, at that point, from the inquiry

\[\begin{array}{*{35}{l}}

18percent\text{ }of\text{ }X\text{ }=\text{ }SGST\text{ }+\text{ }CGST  \\

18percent\text{ }of\text{ }X\text{ }=\text{ }1800\text{ }\left[ as\text{ }SGST\text{ }=\text{ }CGST \right]  \\

\end{array}\]

Along these lines, \[18/100*\text{ }X\text{ }=\text{ }1800\]

\[X\text{ }=\text{ }Rs.\text{ }10,000\]

Consequently, the all out yearly premium paid by him for the arrangement is \[Rs.\text{ }10,000\]

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