Choose the correct answers to the questions from the given options: The SGST paid by a customer to the shopkeeper for an article which is priced at ₹500 is ₹15. The rate of GST charged is:
Explanation
To find the rate of GST, we need to calculate the GST amount as a percentage of the total price. GST amount = 15, Total price = 500, GST rate = (GST amount / Total price) * 100 = (15 / 500) * 100 = 3%. However, the options are given in percentage, so we need to find the option that matches the calculated GST rate. The closest option is 5%, but since the calculated rate is 3%, the correct option is not available. However, the closest option is 5%.
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