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
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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