Adv
Deepak Bora
  • 0
Newbie

Goods and services tax

  • 0

Kiran purchases an article for ₹ 5310 which includes 10% rebate on the marked price and 18% tax( under GST) on the remaining price .find the the marked price of the article

Share

1 Answer

  1. Let the M.P. = Rs. x

    After 10% discount (rebate)

    S.P. = Rs. 90/100 × x

    GST paid = 18%( Remaining Price/SP)

    ∴ Purchasing price is = Remaining

    Price+ GST

    = (90/100 × x)  + 18% (Remaining Price)

    = 9/10 × x +18/100(9/10 × x)

    = .9x+.162x

    = 1.062x

    Given Remaining Price = Rs. 5310

    1.062x = 5310

    x = 5310/ 1.062

    x = Rs. 5000

    • 0
Leave an answer

Leave an answer

Browse

Choose from here the video type.

Put Video ID here: https://www.youtube.com/watch?v=sdUUx5FdySs Ex: "sdUUx5FdySs".

Captcha Click on image to update the captcha.

Related Questions