Question

7. When the rate of GST is decreased from 12% to 5%
for a house. Rohit has to pay * 1,50,000 less for it.
What is the marked price of the house?​

Answer 1

Answer:

22,50,000

Step-by-step explanation:

the difference in percentage of GST 12%-5%=7%

the price to be paid less = 1,50,000

therefore

let the base price be 100

therefore 5% of 100=5

base price = 100+5 = 105

therefore the original price(marked price) = 150000*105/7

                                                                      = 22,50,000