A dealer sells a music system for *2150. For a customer he reduced the price of the music system in
such a way that the customer has to pay only * 2124 including GST. If the rate of GST is 18%,
calculate the amount of reduction allowed by the dealer.
please give step by step explanation.
Answers
Amount of reduction allowed by the dealer = Rs 350 if Rs 2150 sold at 2124 including 18% GST
Step-by-step explanation:
A dealer sells a music system for Rs 2150
Let say Amount reduced = X
Amount after reduction = 2150 - X
18% GST = (18/100) (2150 - X) = 0.18(2150 - X)
Selling Price including GST = 2150 - X + 0.18(2150 - X)
= (1.18)(2150 - X)
(1.18)(2150 - X) = 2124
=> 2150 - X = 1800
=> X = 350
Amount of reduction allowed by the dealer = Rs 350
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Step-by-step explanation:
let reduced price be =x
x+18%of x =2124 = 118%of x =2124
118/100×x =2124 x=2124×100/118=1800
THUS REDUCED PRIZE =1800
original prize =2150
amount of reduction allowed=(2150_1800) =350