A dealer sell a product at a profit of25%
The GST charged is 18%,the coustmer
pay RS 17700 included the IGST. Find cp and value of tax
Answer with solution.
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Answer:
RS.2700
Step-by-step explanation:
1) let us assume X as the actual price.
2) so the total amount is X(actual price)+18%(of the actual price)=17700
X+18%(X)=17700
that is equal to, X+0.18X=17700
ie, X(1+0.18)=17700
1.18X=17700
therefore, X=17700/1.18 /0.25
hence X=2700
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