Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Test your understanding with targeted questions related to the topic.
Question 1
Easy
Calculate the GST on a taxable amount of ₹20,000 at 10%.
💡 Hint: Use the formula GST = Taxable Amount × GST Rate.
Question 2
Easy
If the cost price is ₹5,000 and GST is ₹500, what is the final price?
💡 Hint: Final price is the cost price plus GST.
Practice 4 more questions and get performance evaluation
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What does GST stand for?
💡 Hint: Think about what taxes apply to goods and services.
Question 2
True or False: Input Tax Credit reduces the net GST payable.
💡 Hint: Consider how businesses manage the taxes they pay.
Solve 1 more question and get performance evaluation
Push your limits with challenges.
Question 1
A wholesaler sells goods worth ₹50,000 with a GST rate of 18%. Calculate how much GST is due, and if they bought the goods for ₹40,000 with 18% GST paid. What is the net GST payable?
💡 Hint: Find the GST for both sales and purchases using the formula.
Question 2
If a business sells products for ₹100,000 inclusive of 15% GST and purchases supplies for ₹80,000 plus 15% GST, calculate the total tax amount collected and the net GST liability.
💡 Hint: Use the formulas to determine GST collected and payable.
Challenge and get performance evaluation