Ankur went to a shop to buy a washing machine worth10,620. The rate of GST is 18%. He asked the shopkeeper to reduce the price of washing machine to an extent that he has to pay 10,620 inclusive GST. Then the reduced price of the machine is:
Answers
To Find:-
Reduced Price
Given:-
Marked Price of washing machine =Rs.10,620
Rate of G.S.T =18%
Solution:-
Let the reduced price be x
GST at the rate of 18%=
And Amount=
Equating the values
1
and now
Amount reduced by the shopkeeper
=10620-9000
=1620
Therefore, the amount reduced by the shopkeeper is Rs. 1620
Given :- Ankur went to a shop to buy a washing machine worth Rs. 10,620. The rate of GST is 18%.
To Find :- He asked the shopkeeper to reduce the price of washing machine to an extent that he has to pay 10,620 inclusive GST. Then the reduced price of the machine is ?
Solution :-
Let us assume that, the reduced price of the machine is Rs. x .
So,
→ Reduced price + GST = Rs. 10620
→ x + 18% of x = 10620
→ x + (18 * x)/100 = 10620
→ (100x + 18x)/100 = 10620
→ 118x = 10620 * 100
→ x = Rs. 9000
then,
→ Price is reduced by = 10620 - 9000 = Rs. 1620 (Ans.)
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