Question
What is the year-on-year (YOY) growth rate for the Goods
and Services Tax (GST) for June 2024?Solution
The GST collection for June 2024 grew by 7.7% compared to June 2023, reaching ₹1.74 lakh crore. The slower growth is attributed to a deceleration in economic activity and lower imports, despite strong domestic consumption and compliance efforts by the tax authorities.
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A pipe fills a tank in 20 hours, and another pipe empties it in 30 hours. If both pipes are opened together, how long will it take to fill the tank?
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If a tank can be filled by a tap in 16 hours, but due to an outlet, it actually takes 4 hours longer to fill the tank, find the duration in which the ou...
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