Question

Dorabji marked an article for ₹ 400. He offered a discount of 10% on marked price and collected GST at 12% on the reduced price. Find the price for the article that the customer pays.

Answer 1

Given,

Marked price of the article = Rs. 400

Discount amount = 10%

GST on the reduced price = 12%

To find,

The final price of the article.

Solution,

First of all, we have to calculate the reduced price of the article after the discount given by Dorabji.

Discount amount = 400 × 10/100 = Rs. 40

Reduced price = 400-40 = Rs. 360

GST on the reduced price = 360 × 12/100 = Rs. 43.2

Final price = 360 + 43.2 = Rs. 403.2

Hence, the final price of the article is Rs. 403.2