✅What is GST?
When you buy a candy bar or a toy, you pay a little extra money to the government to help build roads and schools. This extra money is called GST (Goods and Services Tax). It's like a contribution everyone makes when they buy things!
✅How does it work?
It's very simple!
👉 Buying Price: The cost of the item.
👉 Tax Rate: The percentage the government needs.
We just add this small percentage to the price, and that's the final amount you pay at the shop!
✅The Formula
GST Amount = (Original Cost x GST Rate) / 100
Net Price = Original Cost + GST Amount
So, to find the tax, multiply the price by the tax rate and divide by 100!
